Finance New Construction Renovation VA loan 
Housing Wire
OCTOBER 6, 2023
Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. Then, we have all the traditional financing options, including jumbo.”
Realtor.com
JANUARY 11, 2023
Getty Images Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. Unless you want to be waiting a long time to buy your first home, you should consider new-construction homes.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Realty Biz
JULY 20, 2022
Their Section 502 Direct Loan Program generally has no down payment requirement to assist low and very low-income borrowers. This type of mortgage can be used, not only, to buy homes in rural areas, but also for renovations, new constructions, and relocating a house. Down Payment Assistance.
Redfin
FEBRUARY 4, 2022
These qualities are what sets them apart from new construction, such as a modern craftsman home or ranch style house. But, buyers beware, owning a historic home isn’t always as easy and breezy as maintaining a newly constructed one. This may include choices for paint color, window type, and renovations.
Realtor.com
NOVEMBER 28, 2022
While there are a variety of mortgages aimed at helping homebuyers afford a home—such as FHA loans and VA loans —one type that’s often overlooked are USDA loans, which offer excellent terms to those who qualify, including a 0% down payment and low interest rates. Repair/renovation loans and grants.
Redfin
AUGUST 2, 2022
For example, the more furnishings you add to the home, or if you’re undertaking a renovation project, you’ll likely need more flotation pieces added to the bottom of the moorage. Financing a floating house. Some lenders may require you to have a 20% minimum downpayment or a higher interest rate to offer you a loan.
HomeLight
JUNE 4, 2021
Typically it will be one of two things, cash flow or appreciation, which could be achieved by renovations or simply by getting a great deal on the purchase,” he says. “If Flexible financing options — you may still qualify for a conventional, FHA, or VA loan for a small multifamily home. A good cap rate is 5% or higher.
Expert insights. Personalized for you.
469 
Let's personalize your content