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Monday, 14 April 2014 00:00

Renovation Mortgage Comparison

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When it comes to renovation financing we have lots of different options for home buyers and home owners. The Renovation Loans, FHA 203k streamline, & the Fannie Mae Homestyle all have different benefits and pitfalls to them.  Not to mention you put the PowerSaver Grant option in there to further complicate things.  The chart below compares some of the differences between the programs.  Mortgage options can be complicated and when you throw repairs into the mix its even more confusing.  Give us a call today and we can help you figure out the best program to meet your needs.

Renovation Loan Comparison Chart