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When it comes to home renovation/remodeling, there are a few common tragedies in the market place.
Tragedy 1: The combination of a “diamond in the rough” older home, an individual that sees its beauty and desires to purchase the home/return it to its former glory, and no reasonable financing option to bring these two together.
Tragedy 2: A hard working family that wants or needs to remodel their current home or rooms within. However, due to unfavorable financing options or lack of equity in the home, the family continues to “deal with” a home they are not happy with.
The Solution: The One-Time-Close Construction Loan fortunately offers a solution to both common situations facing renovation/remodel projects. Now you can purchase/renovate or remodel an existing home using the same standard/fixed interest rate mortgage programs used to purchase homes.
Turn that house into your dream home and avoid the unreasonable costs and risks traditionally associated with renovation/remodel financing.
