Saturday, June 27, 2015

HOME LOANS - Renovation home loans


Whether you're buying or refinancing, the mortgage expert at EverBank will help you find a loan that meets your needs—and avoid any bumps in the road. These guys are a direct lender with processing, underwriting and funding all under one roof, they keep things moving smoothly from start to finish. And are dedicated mortgage to walk you through the process every step of the way, making sure there are no surprises at closing.

WHAT YOU CAN EXPECT?
  • 40 years of loan expertise
  • No-surprise closings
  • 50-state lending network
  • Fixed and adjustable-rate loans
  • Jumbo loan amounts up to $3 million
This the one I've been chomping at the bit to tell you about. A fixer loan up to $3,000,000 loan amount is here. This month I had a couple clients call me with properties that had a purchase price of $780,00-800,000 and needed $100,000 to $150,000 in construction... FHA only goes to $625,500, now you have another avenue for these higher balance transactions up to $3MM in loan amount.