Renovate your fixer-upper with a Rehab Loan.

You may be able to purchase a home and include the renovation costs in your loan.

Enhance your fixer-upper with a Rehab Loan.

If you’ve found a home that needs renovations, you can purchase it and include the renovation costs in your loan.

An FHA 203(k) Loan, also known as a Renovation Loan, allows you to finance both the purchase of the home and the renovation costs with a single mortgage at a low rate.

The VA offers a similar option for military members and veterans, enabling them to buy a home and finance necessary renovations to meet VA standards.

Rehab loans generally have qualification requirements similar to those of standard FHA or VA loans, with additional documentation required for the renovation aspects.

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About

The Creative Finance Queen is dedicated to helping our clients structure their home financing to maximize the wealth creation opportunities that exist within homeownership. There is a right and wrong way to obtain a mortgage loan, and we’ll help you make the best choice.

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