A Home Loan that’s more than a loan!

Often people would purchase a home they found “if only.” If only if it had a pool, because we can’t afford to put one in later. If only if it had an addition, an extra bedroom, bathroom, new landscaping, etc. Now there is a way to include these improvements into the home loan for work to be installed after the close of escrow!

Here’s how it works :

The process is simple. Realtors will close their escrow in the normal fashion. The buyer will submit the plans and costs for the improvements they want to finance, and the home will be appraised assuming these new amenities. At the close of escrow, the funds for the cost of the amenities are funded to escrow, and as the work is completed, the contractors are paid as scheduled to make sure the buyer is protected.

Lower Mortgage Rate

Everyone wins!

This is an exciting way to make the house the dream home buyers always wanted, or the home in need of a lot of TLC a wonderful place for that new home buyer. It is an excellent way to compete with new home communities, as resale homes often have larger lots, mature vegetation and other qualities homebuyers’ desire. Most of all, the homebuyer gets to customize many of the features of the home to make it everything they wanted!

Contact Us Today to see if this program can work for you!