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Mortgage and Lending - Wells Fargo Home Mortgage
Renovation lending can be a little more complicated that a traditional loan, so it takes a real expert to guide consumers and investors as to how to make their lending experience with these types of loans go smooth.
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With perhaps a still growing number of distressed properties for sale nationwide, the need for renovation financing stands out as one of the most needed products for today's changing Real Estate marketplace. There are many foreclosed properties available everywhere. Traditional loan programs not ...
03/22/2008
Rainer
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HarryKrause

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Renovation financing for homebuyers (owner occupants and investors) allows for the purchase or refinance and rehabilitation of a 1-4 Family home, with funds both for purchase and rehab all in one loan. The appraisal is based upon the value of the property after the repairs are done, with funds allocated within the loan to do the repairs.