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INVESTORS Get Back in the Game with FANNIE MAE HOMESTYLE RENOVATION LOANS!

The deals are EVERYWHERE waiting to be snapped up by investors from Florida to Atlanta to Birmingham. Many of these potential windfalls have been on the market for sometime and sit dilapidated and in desperate need for a savvy investor to renovate them to their former glory.

Whether you are a buy and hold investor or a fix and flip and investor the deals are there. However, the problem for most investors isn’t lack of deals, its lack of FUNDS.

Many of these dilapidated properties are not eligible for traditional financing and sit waiting for an investor ready to adopt the poor orphan with cash or with ridiculously expensive hard money financing.

Believe it or not, you have ANOTHER option. Enter the Fannie Mae Homestyle Renovation Loan!

Fannie Mae Homestyle Basics

75% LTV – That is 75% of the purchase price + the renovation escrow.

700 Credit Score or better

No more than 10 financed properties (some lenders cap you at 4)

Rates about a point higher than traditional financing

Current property condition NOT AN ISSUE!

Type of repair NOT AN ISSUE!

Choose your own General Contractor (must be licensed)

Repair cannot exceed 75% of the after repair value.

Sq. footage additions OK

Luxury items allowed

The Homestyle Renovation is a versatile product that is an absolute beast in this market. However, the word is not out and the product is not being utilized as much as it should be. We are here to change that as we know the investor is KEY to rebuilding and restoring our neighborhoods. Whether you are located in Atlanta, Birmingham, Savannah, Charleston, Huntsville or Mobile; give us a call today and see if the Homestyle is right for you!

Call us TODAY to find out how the Fannie Mae Homestyle can work for you!

404-551-3845