How HomeStyle or 203K Let You Manage the Rehab Process Even With No Experience

In my job as a Renovation Loan Officer I speak with clients that may be deciding between a rehab property to purchase or a totally finished property. One of the concerns expressed to me is the lack of previous experience working with contractors or managing a home rehab project. This is certainly a legitimate concern. After all not everyone is … Read More

Why a Home Renovation Can be Delayed & It’s Not Unusual

                                                Before                                                                                    After   In my role as a Loan Officer specializing in financing residential rehab projects with the conventional … Read More

Why Finance a Home Rehab Project ? “After Improved Value” is Why

 As I speak with clients and those referred to me who have questions about doing a home renovation project the subject of cost and finance is always present. My focus is providing guidance on how a home renovation can be paid for. What I mean by home renovation is either your current home or one you may be planning to … Read More

The Fear of Cost on a Home Rehab Project

This year I have met many clients who are exploring whether to buy a property to rehab or not. Other of my clients are thinking of a rehab on a home they have purchased in the last few years that no longer serves their needs. In some cases there is a fear of doing a renovation that I detect. As … Read More

Rehab A Chicago Bungalow !

Traditional Size Bungalow above   Larger Yellow Octagon Front Bungalow   Being a Chicago resident I am very familiar with the traditional brick Chicago bungalow style home. My grandparents had one I spent a lot of time in while growing up. As a family we had many happy times there and made great memories. There was something about the basic, functional … Read More

First Time Buyers Can Add Money to Rehab in One Mortgage

                                                                                       First Time Buyer? Do you know a mortgage exists that includes rehab                                                                                                                                        funds ?  In one Loan ! If you have read my Blog before you know it’s my passion to spread the word about renovation mortgages !   It’s the best kept secret in home buying. Buy the home with a small down payment and add … Read More

Student Loans Stopping You From Buying a Home ?

             Are Student Loan Payments Stopping You From Buying a Home?   In my role as a Loan Officer who specializes in renovation loans I speak to many potential buyers. These days it is not uncommon for a first time buyer to have student loan payments that are actively in repayment or will one day be in repayment after any … Read More