Rehab Mortgage Loans: Financing for Property Renovations and Repairs
Finance and Money / by Bond Street Mortgages / 16 views
Rehab mortgage loans are specialized financing options designed for homebuyers and homeowners looking to renovate or repair a property. These loans combine the costs of purchasing or refinancing a home with the funds needed for renovations, making it easy to transform a property into a dream home or increase its value. Commonly used for fixer-uppers, rehab loans like FHA 203(k) or Fannie Mae’s Home Style provide flexible funding for projects ranging from minor repairs to major overhauls. With tailored financing and competitive rates, rehab mortgage loans offer an accessible solution for those aiming to invest in property improvements.
- Listing ID: 37487