Loan Programs / Renovation
Fixer-upperRenovation mortgage loans
Purchase price and renovation costs rolled into one loan, so the diamond in the rough pencils out.
How RC Lending Advisors uses this program
Renovation is the program RC Lending Advisors lists when the purchase price and the renovation costs need to be one loan.
It is priced with the rest of the lineup, more than 3,000 programs, in all 50 states and Puerto Rico. The purchase target is 14 to 21 days from application to keys.
FAQ
Questions on renovation
What goes into the loan?
The purchase price and the renovation costs, as one loan. That is the programs page description.
Is this only for a primary home?
The programs page does not limit it to one occupancy. The call says whether the property fits.
Does a pre-approval pull credit?
It starts with a soft credit check, which does not affect your score.