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UNLOCK THE HIDDEN POTENTIAL OF YOUR HOME RENOVATION PROJECT

A Renovation to Permanent loan provides financing to both renovate a home and obtain a permanent mortgage and combines them into one transaction. And unlike a home equity line of credit based on existing equity, the appraisal is based on the subject to completion value, giving you more borrowing power.

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Certainty
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Lock in the rate upfront with the certainty of knowing you could get a no cost rate reduction if rates improve during the renovation phase.

Quality Once
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In most cases, you only have to provide qualification documentation once. Subject to terms and conditions.

 

Choices
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A variety of mortgage options and loan terms.

 

 

Savings
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Save time and money with one closing and one set of closing costs.

 

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WHAT QUALIFIES AS A RENOVATION?

  • General remodeling and home improvement

  • Modernize and update

  • Energy and technology updates

  • Room addition and attic/basement build-out to expand the living space

  • Outdoor living, including pool/spa, outdoor kitchen, patios/decks, and landscaping.

  • Complete deferred maintenance

  • Historical preservation

  • Any permanent improvement that adds value

Remodel your existing home. Purchase and remodel a home. Get started today by submitting your online pre-qualification or finding a local home expert in your area to learn more.


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