Whether upgrading your current home or revitalizing a fixer-upper, our Rehab and HomeStyle Renovation Loans are tailored to breathe new life into your property.
Rehab and HomeStyle Renovation loans are specialized financing options that combine property purchase or refinancing with renovation costs. These loans are perfect for structural repairs, cosmetic enhancements, or complete property overhauls. Enjoy the benefits of flexible payment options, competitive rates, and the potential to significantly increase your home's value.
Good News Lending proudly offers Fannie Mae's Rehab Loan and HomeStyle Renovation programs to support your home renovation projects. Catering to a range of property types, including primary residences, second homes, and investment properties, these programs offer financing based on the post-renovation value. Choose from fixed or adjustable rates to suit your financial plan, with tailored payment requirements for your loan balance. Our dedicated team guides you through every step, ensuring a financing solution that aligns with your needs.
Securing a HomeStyle Renovation loan involves meeting key criteria like a minimum credit score 620 and a recommended debt-to-income ratio of no more than 45%. Our process simplifies gathering your financial documentation, including proof of income and tax returns. Partner with our loan officers for a streamlined application experience, ensuring a hassle-free path to loan approval.
Talia Fulton
VA Loan
Justine Farrow
VA Loan
Kevin Tharpe
Conventional
Our diverse range of rehab loan options caters to your specific renovation needs. We've got you covered, from conventional loans with competitive terms to FHA 203(k) loans. Looking to consolidate debt? Our cash-out refinance options can be an ideal solution. We also offer personal loans for smaller projects, providing versatility and convenience.
Embark on your property renovation journey with Good News Lending. We're committed to transparent, affordable closing costs, ensuring your financial journey is as rewarding as your home transformation. Contact us today, and let’s turn your renovation dreams into a beautiful reality.
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