There are two types of home buyers, those who want to buy an existing home in an established neighborhood or subdivision and someone who wants a brand new home that’s never been lived in before. New construction vs. existing...
Looking for a loan that will allow you to purchase a property and make renovations? You’ll have a few options to choose from, but the best may be a HomeStyle loan from Fannie Mae. Let’s explore why these renovation...
The HomeStyle Renovation program is an excellent option for financing your home purchase and remodeling project. It allows you to secure a mortgage for not only the purchase of a home, but also a wide variety of projects while...
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...
Thanks to increases in loan limits, a cooling of the real-estate market, and home prices remaining high in many areas, the time is right to use a HomeStyle Renovation loan from Fannie Mae. These loans allow you to purchase...
Sometimes we all need a little more space. Whether you are looking to expand the living room, add a bathroom to one side of the house, or build a complete master suite, a home addition allows you to craft...
We’ve been talking a lot lately about home renovations; specifically, we’ve been talking about how to finance your home repairs and improvements. If you’ve been following our blog, you likely understand the basics of HomeStyle Renovation Mortgages from Fannie...
When you remodel a home, you can reasonably expect to increase the value of your property. But by how much? What’s the return-on-investment, or “ROI” on a remodeling project? Will you get all your money back? Will you make...
Every seller wants to get the most value from their home. In many cases, this means making updates to the property; updates that will attract buyers, increase bidding competition, and enhance the perceived value of the property, which 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...