THE REHAB MORTGAGE LOANS

THESE PURCHASE REHAB LOANS WILL LEND MONEY FOR THE PURCHASE & THE REHAB IN ONE LOAN AND ONE CLOSING.

FHA 203K

Owner occupied with 3.5% down payment (can come from a gift from family member),  620 credit score and the seller can pay up to 6% of the purchase price for closing costs. Streamline and full 203k options available.

FNMA HOMESTYLE

Owner occupied with 5% down payment with more liberal rehab options than FHA. Conforming credit score and seller can pay 3% of the purchase price towards closing costs.

Investor option with 20% down payment.

CONSTRUCTION PERM OPTION

Conventional loan for major rehab of $50,000 or more can be financed under our construction lending product with 10% down payment for owner occupants.