Homebuyers / Homeowners:
Do you find yourself house hunting and imagining what you’d do if only you had enough money to purchase a home and then make improvements without draining your hard-earned saving?
Turn that fixer-upper into your one-and-only dream home with our unique, all-in-one Purchase & RenovateSM loan. It provides the money you need to buy a home and to improve it – all with one application, one closing, and one monthly payment. You’ll enjoy benefits at every step:
• More money. The loan is based on the home’s value after improvements.
• Lower payments. The cost of improvements is spread out over the term of the loan.
• Tax benefits. The interest on renovations may be tax deductible.
• Freedom of choice. Make whatever improvements you want – from practical to luxurious.
Realtors:
Dated inventory? Listings that need some work? Our Purchase & RenovateSM programs can help make properties more marketable and help you increase sales – with a streamlined loan process for your buyers.
• Increase your buyer base
• Overcome the challenges of selling a home with needed repairs
• You focus on selling; we’ll oversee the renovation financing with a variety of renovation programs we can help you position older homes, short sales, fixer-uppers, rehabs and foreclosures – there are options for properties in virtually any condition.
Need help to save a closing
? Inspection uncovers a water leak? Replace a roof? A Streamline 203(K) loan may be the answer. Have a growing family wanting a bigger house? Could the home use some energy saving improvements? The FHA 203(K) program can help address these needs. Have a buyer looking for an investment property? Foundation crumbling? Our conventional
conforming renovation financing program may be the answer for this and more!
Todd Fogel
Wells Fargo Home Mortgage
Renovation Loan Specialist
Todd.Fogel@wellsfargo.com
o 954-229-1108
c 954-868-7015