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Having additional living space on your property can bring many benefits, ranging from mere convenience to additional income that can last for decades. Typically, people build accessory dwelling units, also known as “ADUs” or “granny flats” on their property...
If you find the almost-perfect home, one that has the best location, the right floor space, and the perfect amount of rooms, but also needs repairs and maintenance, you might pass on the property. Before you disregard the almost-perfect...
HomeStyle renovation loans create new buying options for borrowers all across the country. For many reasons, the time could not be better for using this financing, which allows you to fund a purchase and renovations in a single loan. Why...
If you want a single loan to purchase and renovate a property, two of the most popular options are HomeStyle loans and 203(k) loans, which are supported by the FHA. With knowledge on both of these choices, you can...
The HomeStyle Renovation Loan program is designed to give borrowers the option to purchase a home and make improvements and renovations to the property, all while having one single loan. This program provides simple, flexible, and affordable financing for...
HERO loans have a noble goal: reduce energy use and make a home more efficient. While well intentioned, these loans have become burdens for many homeowners. Now, many homeowners are wondering how to get out of a HERO loan....
It can be difficult to pay for repairs, which is why so many people choose renovation loans. When an emergency repair, such as a leaking roof or cracked foundation, occurs in your home, it needs to be handled quickly....
There are many VA loan myths, especially related to permitted work and home appraisals. These myths, unfortunately convince some people avoid VA loans. However, with the right information, you’ll see that a VA loan is a great option if...
We would all like to make our homes more energy efficient, but paying for these improvements can be costly. Installing a solar water heater, for example, costs an average price of $3,376 according to HomeAdvisor; if you have a high-end...
Fannie Mae’s HomeStyle Renovation program is an essential option for many borrowers. Sometimes a borrower wants to purchase a home that needs significant upgrades, repairs, and improvements, but most mortgage products only provide enough funding for the purchase of...