Posts in category rehab

Renovation Loans to Repair Your Home!

Does your home need improvement? Whether you need a new roof, furnace, kitchen cabinets or any other repair, you can use a rehab or renovation loan to make it happen!    At Bookend Lending Corp we offer several options for both conventional and FHA renovation loans.  No matter what your project is, we have a […]

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Who’s using Rehab Loans?

Who’s using Rehab Loans?

Many excellent properties are scooped up by cash buyers at below market value.  In fact cash sales make up over 25% of all sales.  Investors know they can buy a home that would be difficult to finance (due to property condition) and fix it up and sell it for a profit. But with a rehab […]

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Can I borrow extra money to fix up a ...

Can I borrow extra money to fix up a house?

People who wish to purchase a distressed property and use a rehab loan to fix it up after closing have several options including FHA 203K and FHA 203Ks programs.   Rural Housing (also known as RD, USDA or Farmers’ Home Loans) does have provisions for a minor amount of rehab money (under $10K) or ,when combined with […]

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