Homestead Funding – Fannie Mae’s HomeStyle Renovation Loan

Have you found a property that is right for you but it needs work?  Consider a Fannie Mae HomeStyle Renovation Loan. 

It can finance i to improve a property using the “after-improved appraisal value”.  There is just one mortgage and one closimg.

Loan Limits are 1 family $417,000      2 family  533,850    3 family   645,300      4 family   801,950

All renovations begin after closing.    You have 6 months to complete the renovations.  You can finance up to 6 months mortgage payments if home cannot be occupied.

Want more information – contact Chuck Hirbour at Homestead Funding –

office   978-251-8558     cell 978-835-2777  chirbour@homesteadfunding.com

There are a variety of loan options ut there to meet your needs.  This is just one of them.

Joan Parcewski    Woods Real Estate   joan@woodsre.com

978-376-3978        http://www.JoanParcewski.com   http://justforseniorsrealestate.com

 

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