Is anyone out there familiar with this product? The HomeStyle Renovation loan combines home purchase or refinance with home improvement financing in one loan with one closing and IS available to investors!
https://www.efanniemae.com/sf/mortgageproducts/pdf/hsrenofacts.pdf
Has anyone actually used one of these loans? If so, how did it go?
Who was your lender and would you recommend them?
I need a lender licensed in Texas but have been unable to find one. If you have used a lender with large regional bank, please let me know - they might be able to refer me to someone in Texas. Any assistance would be greatly appreciated. Thank you!
Hello,
It’s very tough to find lenders that do this. I live in the Washington D.C. area and don’t know of any lenders that do it. That being said do you own your own residence right now? I assume you must which is why you would not do a 203k loan correct?