November 22, 2017
There are a few major differences that are important to understand when choosing between a HomeStyle loan or a 203(k) loan.
The first one would be from a qualifying standpoint. FHA 203(k) loans allow for lower down payments (3.5%), while HomeStyle requires 5...
November 9, 2017
If you’re a current homeowner, looking to renovate, upgrade, or repair your current home, a Fannie Mae HomeStyle Renovation Loan might be your solution.
With a Fannie Mae HomeStyle Renovation loan, you would refinance your current loan into a new loan, and finance the c...
November 4, 2017
Although you can do many things with a Fannie Mae HomeStyle Renovation loan there are units that will not be eligible for this type of project.
The list of the ineligible properties include:
- 2-4 unit investment properties
- Commercial properties
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