Home Buying in 95451>Question Details

Fiona Macken…, Real Estate Pro in Kelseyville, CA

Does anyone have experience with Fannie Mae Renovation Mortgage?

Asked by Fiona Mackenzie, Kelseyville, CA Fri Jun 10, 2011

I'm representing a buyer who is interested in a home tha qualifies for this kind of financing, but I can't find anyone who has used it. Please help.

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Answers

1
Hi Fiona,

If it's a Fannie Mae Home Path property then a Fannie Mae renovation loan is an option as well as the FHA 203k renovation loan. If it isn't a Home Path property then the Fannie Mae Renovation loan is not an option but other renovation loans conventional or FHA would be your choice.

Best of luck to you
1 vote Thank Flag Link Fri Jun 10, 2011
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