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Updated over 3 years ago, 08/11/2021
Home-Style Renovation Loan?
Ok, some I’m in the process of buying a duplex from my father in the Woodbridge area of NJ. Needs a ton of major work that I’m trying to tie into the loan. So yes, I’ll have the rehab and mortgage all in one. The loaner I have called it a “home-style renovation Loan.” He explained to me its similar to a 203k loan your just able to do more? I wasn’t really understanding what the more was, maybe someone is familiar with this loan can help me out? Also looking for contractors that are certified to do these loans in the area.