Can your financing program help you make home improvements when you purchase property? Actually, some may. Let’s discuss this option today.
Imagine you’ve found a near-perfect home. It fits most of your qualifications, but there are still a few changes you’d like to make. What should you do?
In the past, lenders would allow people to finance a home and then sometimes get an equity loan. These days, there are a couple of lenders in the market who will allow you to, with a few limits, roll the cost of home improvements into your initial mortgage.
My team and I worked with a client recently who took advantage of this option. They closed on their home, had contractors lined up, and were able to immediately make a few very nice upgrades, like new countertops.
So if this is something that appeals to you or you have questions about how the program works, my team would love to provide you with additional details.
And, as always, if you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.