Learn how to list & sell more AS-IS homes with renovation lending! The purchase of a house that needs repairs is often a catch-22 situation. Because the bank won’t lend the money to buy the house until the repairs are complete, and the repairs can’t be done until the house has been purchased. The Solution? A 203k, Homestyle, VA Renovation or Jumbo Renovation Loan! These programs can help your clients with the purchase or refinance of a property by allowing you to roll-in the costs of repairs and improvements up to 110% of the after improved value of the home, with a minimum 3.5% down payment.
In this class you will learn the fundamentals of renovation lending and how to use these loans for purchase and refinances. If you are seeking to unlock the potential of renovation loans, please RSVP by clicking below today. This class WILL fill up fast!