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Home Renovation & 203(k) Mortgages – How does it work?

Have you ever thought about purchasing a fixer upper, and remodeling it?  Or maybe thought about purchasing a foreclosed property or short sale?

In today’s Real Estate market, this is becoming an increasingly popular choice for First Time Home Buyers.  Inventory is tight, and prices are going up.  So the thought of purchasing a distressed home, and renovating that is very appealing.

In this video, our Executive Vice President; Roger J Sanchez, explains how a 203K Mortgage or Conventional Home Renovation Mortgage works.  Learn everything you’ve always wanted to know about how to make this dream a reality.

Rate House Mortgage Company has locally licensed Mortgage Professionals that will explain how you can purchase a home and remodel or renovate that home, with one simple mortgage.  So reach out to us if you have any questions about purchasing a fixer upper and getting a mortgage to remodel it at the same time.

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