By Mike Young
I'm afraid that is the harsh reality in many neighborhoods. What
then, is the answer where the homes in my area are selling in the $1MM
to $3MM or more. All is good with another renovation product that is
available and our group consultants for that as well. This is just
another reason that you should chose a "team" to close your loans
The parameters for the loan I'm referring to will be disclosed mid
February but you can start inquiring right now. This lender loans in all
fifty states and the permanent loan includes renovation money. The
maximum loan amount is $3,000,000 and of course there is a higher LTV
required so you could be buying a home in the $4-5MM range including
renovation costs and with your down payment your loan amount would top
out at $3MM.
Get your renovation loans with one of our Team Members.