Creating a Dream Home With a Renovation Home Loan
In today’s real estate market, finding a home that meets all of your clients’ criteria can be difficult. A home may check some of their must-have boxes, but not all. If they, however, have a vision and the energy to embark on renovations, there are financing options that can help them achieve their dream home. Knowing your buyers have options, and communicating this to them, sets you apart and positions you as a valued advisor.
Renovation home loans combine financing for purchasing a property and renovation costs into a single mortgage, streamlining the process. From kitchen updates to structural improvements, clients can customize their property to align with their vision.
Key Features & Benefits of Renovation Home Loans
Streamlined Financing: Renovation home loans simplify the process by incorporating renovation costs into the mortgage, reducing paperwork.
Flexible Renovation Options: The program covers a wide range of improvements, allowing clients to tailor their property to their preferences.
Competitive Interest Rates: Renovation home loans offer attractive rates, making them affordable for creating dream homes.
Improved Home Value: Renovations enhance the property’s value, potentially increasing its resale value.
To qualify for a renovation home loan, clients must meet specific criteria and the property must meet renovation-financing guidelines. The team at Movement Mortgage can guide you through the process.