Types of Renovation Financing?

[Chad Clanton]

Hi there everyone; for starters I just want to thank everyone for all their fantastic input on all my questions, etc. You folks are awesome! My question for today is, what are some of the various types of residential/small commercial renovation loans for non owner-occupants, their average rates/terms, and are there typically any available with lower than 20% downpayments? Do any of them incorporate the acquisition price into the loan? I don't need full details, just perhaps what some of them are generally referred to as and how they're used, and I can dig up more info myself. Thanks all!