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In a word, no. Absolutely not. So then why such a misconception for a loan that is nothing more than a strategy for someone within a certain age group? Well, if you dig deep enough and long enough you can always find something bad about anything. That’s just a fact of life. And for every one […]
HomeStyle Renovation Loan – Before & After The value in the HomeStyle Renovation Loan is taking ANY house in the right location and turning it into the house you will LOVE. Watch one episode of Fixer Upper with Chip and Joanna Gaines http://tinyurl.com/ovnmj8v and you will see the value as a buyer or current homeowner. And if […]
By now you’ve probably heard about and have been reading up on Fannie Mae’s Homestyle Renovation Loan program. It’s a nifty little mini-construction loan. Released late in 2014 it was Fannie Mae’s answer to the FHA 203K loan – only it’s easier. Trust me I’ve done them and what a refreshing comparison. The Homestyle doesn’t […]