REHAB LOANS   

These have become very popular programs with those who would like to take advantage of purchasing distressed properties and foreclosures at bargain prices and renovate them to either live in, keep as investment rental property or for resale (fix & flip) at a profit after completing the renovation project.

We can also assist you in purchasing the property, negotiating with the seller and structuring your financing so that it maximizes your benefits. After prequalifying you as a borrower, we can provide you with a variety of financing options that may fit your particular niche.

Many prospective buyers pose the question of doing the rehab work themselves rather than using a licensed contractor.  Lenders typically will not allow you to perform the rehab work yourself unless you are a licensed contractor. However, if you are capable of performing the work up to code standards you can develop a relationship with a contractor who may sign off on that portion of the work that you have performed yourself. 

We have programs available that will allow you to buy owner occupied rehab properties with no money down and investor programs with as little as 15% down. Call us today to discuss your scenario and find a program that suits your needs.