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Heads Up: Fannie Mae Cancels the HomePath and HomePath Renovation Programs

Heads Up: Fannie Mae Cancels the HomePath and HomePath Renovation Programs

Have you heard the news? As of October 6, 2014 the HomePath and HomePath Renovation Programs will be history. That’s right; Fannie Mae recently announced that they are retiring this loan program. Any person purchasing a Fannie Mae owned property wishing to use either a HomePath or a HomePath Renovation loan must have a fully executed contract dated on or before October 6, 2014. Fannie Mae has yet to state the date the loan must close but it’s speculated that it would need to close by January/February of 2015.

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Looking Back At Some Great Uses For Renovation Loans

Looking Back At Some Great Uses For Renovation Loans

Looking back it’s clear we have had a lot of great renovation loan projects so far this year!  Renovation loans are so versatile that they can be used for purchases, refinances and even singular items.  Let me share with you some examples of some recent projects and how the loans can vary. Location: McKinney, TX […]

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Useful Facts On FHA 203k and Renovation Loans!

Useful Facts On FHA 203k and Renovation Loans!

Lately it seems that the facts out there about FHA 203k loans and Renovation Loans in general just need to be clarified.  It’s easy to hear about what’s wrong or what’s hard about the loan but instead let’s talk about why FHA 203k loans are great!  Let’s also talk about some fun and interesting facts […]

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Did You Know? FHA 203k Renovation Loan Power!

Did You Know? FHA 203k Renovation Loan Power!

Did You Know? FHA 203k Renovation Loan Power! There are many advantages to the FHA 203k Renovation loan in Texas.  Let’s review some of the most often asked questions and see if you knew it was possible… Number #1 most often asked question is…Can foundation work be rolled into an FHA 203k Renovation loan? YES! […]

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4 Reason Why Renovation Mortgage Loans Work!

4 Reason Why Renovation Mortgage Loans Work!

Renovation Mortgage Loans such as the FHA 203k and the Fannie Mae HomeStyle are so exciting that we just can’t keep some of the recent projects to ourselves. It’s been a busy April and we just had to share some success stories. The possibilities are endless and with some vision as well as one of these great loans a lot is possible!

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203k Refinance

Move Up, NOT Out – Exploring the Renovation Refinance

  Renovation Refinances – After Repair Value Provides More Room to Renovate 203k & HomeStyle Renovation Mortgages – Turn YOUR House BACK Into YOUR Dream Home Life, inevitably, comes with change. Babies are born, those babies grow up, they head off to college. Income fluctuates up and down with good and bad economic times, promotions, […]

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Renovation Mortgage Loans Are Rocking Early in 2014

Renovation Mortgage Loans Are Rocking Early in 2014

Renovation mortgage loans are really taking off early in 2014. People are seriously realizing how valuable renovation loans are when it comes to purchasing and renovating a property. Renovation loans such as the Fannie Mae HomeStyle and the FHA 203k allow for so much…check out some recent projects that are kicking off and stay tuned for “after pictures.”

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What’s Great About the FHA 203k Renovation loan?

What’s Great About the FHA 203k Renovation loan?

What’s great about the FHA 203k Renovation loan? Well I could talk for hours about it but why not hear from a recent client of ours that closed on an FHA 203k Renovation loan as a refinance. Let me set the scene for you…We got their call one afternoon after their current contractor walked off […]

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