Tag Archive for: construction loans

How To Finance In-Law Units; Flight To Safety Again

/in ,
CA recently passed a bill (SB9) that eases zoning restrictions and makes it far easier for homeowners to add extra units to their properties. These units are known as Accessory […]Read More

When Is 203k/Construction Financing Necessary?

/in ,
203k loans allow buyers to finance repairs and improvements beyond the purchase price. They are necessary when repair needs are significant or must be completed before closing.Read More

95% & 90% of FUTURE VALUE Construction or Rehab Loans

/in ,
Fannie Mae's Homestyle program offers flexible construction/redevelopment financing with loan-to-value ratios based on future property value. For low balance loans up to $417,000, borrowers can finance up to 95% of the post-improvement value, while high balance loans up to $625,500 offer 90% LTV. Ideal for owner-occupied and second homes, this program supports a variety of improvements—from remodels to landscaping—though it excludes ground-up construction and outbuilding projects.Read More