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Updated almost 5 years ago,

Saravanan Raju's profile image
Saravanan Raju's profile image
Saravanan Raju
  • Member since Mar 21, 2020
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Saravanan Raju's profile image
Saravanan Raju's profile image
Saravanan Raju
  • Member since Mar 21, 2020
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Saravanan Raju
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6
Posts
Private Lending & Conventional Mortgage Advice

HomeReady - Refinancing (New Jersey)

Saravanan Raju
Posted

I am reconstructing my home(knocked down and rebuild)  which already has a fha mortgage of 375K. Siding, Electrical, Heating and Plumbing is underway. I will probably need about 100K to complete the rest (Insulation, Sheetrock and Interior Finishes). It should appraise for about 950K+. 

Can I use HomeReady Refinancing to refinance the loan and the additional 100K. 

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