Renovation Loans Are on the Rise |
Renovation Loans Are on the Rise Blog posted On June 07, 2022 Mortgage rates have been sharply trending upward in recent months, causing many potential buyers to pick up their home hunting pace. Home inventory is still very low - leaving buyers few options on the market. The newer, more updated homes are selling quickly, and for a steep price. Renovation Loans combine the costs of a home purchase with the costs of home renovations. For home buyers, Renovation Loans are great opportunity in the current market. Because of the high competition and limited options in the current market, many buyers might not find the perfect style of home in the perfect location for the perfect price. You're a homeowner home buyer that would like to learn more about our Renovation Loan opportunities, contact us.