Renovation Loans

Would an updated kitchen, outdoor entertaining area, or luxurious master suite turn your current home into your dream home? Do you love the idea of buying a fixer upper and making it your own, but aren’t sure how you’d afford the renovation costs?

With a 203(k) Renovation Loan you can finance the purchase of a new property, or refinance your existing home, and borrow the funds needed for the work on the property, all with one first mortgage loan. Get in touch with us today to learn more about this exciting program.

Have Questions? Let’s Talk – (409) 600-2852

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Renovation Mortgage Benefits

  • Low down payment or equity requirement
  • Competitive interest rates and fees
  • Available for both purchase and refinance transactions
  • Large selection of eligible improvements
  • May be able to finance the cost of alernate housing during renovations
Don’t count out a property that’s in a great location at an excellent price just beause it needs some work. See the potential and turn a neighborhood eyesore into the beautiful and functional home it can be, potentially increasing your equity before you even move in!

Ready to learn more about the possibilities with a 203(k) loan? Give us a call at (409) 600-2852 today.

 

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.