All Aboard the Pool Express with Fannie Mae HomeStyle

Fannie Mae HomeStyle Pool Loan

Homeowners in Frisco, TX have decided to cool off next Summer with a Fannie Mae HomeStyle Pool Loan. After the realization that most of the homes in the neighborhood had a backyard oasis of there own, it was a no brainier to refinance and rehab. Cooler days are on the horizon thanks to the HomeStyle Renovation Loan.

It always helps with value when other homes in the neighborhood have pools. The owners of this home were wise to follow suite using a budget of about $80,000 to install a pool of their own. Take a look at some of the numbers and specs associated with this project below.

After improved value of ​$475,000.00

This is a single family two story home built in 2014. It has  5 bedrooms, 4 baths and was built on a slab foundation. The exterior is mostly brick veneer with some wood siding. sitting in a newer development. The picture below will be the site for the new pool.

New pool will be 516 square feet and feature depths if 3.5, 4 and 5 feet. Gunite 7 & 12' thick walls and floors.12; 14'thick in transitions. Electronic controls for pool care and temperature are also included for both the pool and spa. The spa will have a nice pebble trim that transitions in to the decking all included in this Fannie Mae HomeStyle Renovation Loan

Did you know this about the Fannie Mae HomeStyle Loan?

Fannie Mae HomeStyle allows you to add additions to your home. The addition could be an extra bedroom, garage, kitchen expansion or even adding a second story to a one story home. Adding square feet is no problem for this rehab loan!