You heard correct. You now have more options for rehabilitation financing. Freddie Mac just launched the CHOICERenovation loan. You can now combine your home and renovation loan together when you choose Freddie Mac during your home purchase. This loan is the perfect loan to purchase that less than perfect home.
At the Eustis Family of Companies we consider it a privilege to of loans to our veterans that have served protecting our freedoms.
The first taste of living by your own rules can feel pretty liberating, but can feel burdening if your future plans keep haunting you in your sleep.
According to our last article, “Next Year’s Perspectives on Housing,” 2017 is going to be full of home buying opportunities. Mortgage rates remain lower than the previous decade, homebuilder confidence is high, and home buyer sentiment has stayed strong. One element of the housing market, however, has drastically changed within the past year: the nation’s homebuyers. Not only is the demographic of buyers shifting, but also are their home buying concerns and priorities. Let’s take a closer look at what you need to know about today’s homebuyer.
Federal Housing Administration (FHA) loans are mortgages insured by the government that allow homebuyers to qualify more easily. This type of mortgage is the government’s main strategy to promote homeownership throughout the nation, especially among those who have a harder time qualifying for other loan types. Although an FHA loan may not currently be the least expensive option, it may be the best; here are four reasons why.