There are many beautiful, older homes in our corner of the Commonwealth that need some work. For homebuyers with vision, there is no better option than our Purchase and Rehab Loan: Finance both the purchase of the home and the renovation needed to make it all it can be. One single loan closing takes care of both the purchase and the rehab total.
Key Features
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Single Closing
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Competitive Fixed Rates
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Worry-Free Disbursements
Single Closing
Competitive Fixed Rates
Worry-Free Disbursements
Product Details
- One-time closing for the total purchase and rehab amounts.
- Finance up to 95% of the value of the completed home
- Worry-free disbursements to builder / contractor with your approval.
- Financing available for single family or up to 4-unit, owner-occupied property
- Online payments & account management
- May be used for purchasing and renovating a primary residence or a second-home