What are Rehab Loans?

Fix up your fixer upper home with a Rehab Loan. If you have found the perfect home but it needs renovation, you can purchase the home and roll the costs of the renovation into your loan.

An FHA 203(k) Loan, also called a Renovation Loan, allows buyers to finance the cost of the home and the renovation in one mortgage with a low rate.

The VA also offers a similar option for military and veterans to purchase a home and finance the required renovations to bring it up to standards set by the VA.

Rehab loans have similar qualification requirements to a standard FHA or VA loan, with additional documentation needed related to the renovation.

Have questions? Give us a call! One of our mortgage specialists would be happy to answer all of your questions.

These materials are not from HUD or FHA and were not approved by HUD or a government agency.

What are your goals?

For information purposes only | This is not a commitment to lend or extend credit | Information and/or dates are subject to change without notice | All loans are subject to credit approval by E Mortgage Capital NMLS UNIQUE IDENTIFIER # 1416824 | | Equal Housing Lender | David M Schweickert III NMLS UNIQUE IDENTIFIER 834967 | California Real Estate Services provided by David M Schweickert III California Real Estate Broker License 01382395

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