CHOICERenovation Renovation Loan by Freddie Mac for Investors 1 Unit
Thursday, October 03
I wanted to write a short post on the new conventional renovation mortgage by Freddie Mac called CHOICERenovation. In the past I have written about another conventional renovation loan called HomeStyle by Fannie Mae. This new loan by Freddie Mac has differences I will highlight as well as general...
Renovating Chicago's Southside-One Home at a Time: 203k & HomeStyle
Friday, May 10
I have been writing my renovation blog, “Rehab Dollars & Sense” for 5 years now. Today I wanted to take time to focus on Chicago’s southside and relate what I have seen rehabbers experience there and how renovation loans have been used by Buyers to rehab properties. Being from Chicago and s...
One Loan , One Payment with a Rehab Loan
Wednesday, April 24
As a Loan Officer with many years experience working with clients who buy and renovate homes, I’m an evangelist for renovation loans in that I have seen how they can transform properties and work well financially for Buyers. In addition, being knowledgeable as a Real Estate Broker with them can b...
Examples of How to Finance a Home Purchase & Renovation
Thursday, February 21
Examples of How to Finance a Home Purchase & RenovationHere on New Year’s day I thought it would be helpful to write about how my clients have financed home or investment property purchases and renovations this past year. Doing a review may answer questions others might have ab...
Rehabbers – Looking for Alternatives to Hard Money Lenders ?
Friday, December 07
Across the country I have heard stories of small or new real estate investors who are perhaps buying their first property or might have done a few rehabs with their own funds but challenged with how to finance a property purchase and/or rehab. One option might be a Hard Money Loan but another opt...
VA Renovation Loan for Veterans
Friday, August 17
As a Loan Officer who specializes in all types of renovation mortgages I am very happy to write about another one. This is a VA Renovation (Veterans Administration) mortgage that can be used to purchase or refinance a home and include funds to remodel or repair in the same loan.This is a loan for...