Mortgage Solutions for Property Renovations

Course overview

Dive into the world of renovation financing with our Continuing Education (CE) course, "Mortgage Solutions for Property Renovations." This 3-hour course demystifies the financial aspects of purchasing fixer-uppers, a concept popularized by countless HGTV shows. While the allure of transforming a property is well-known, the specifics of funding such projects remain elusive to many. We explore a range of renovation mortgage programs, highlighting their distinct features tailored to various buyer needs. From government-backed options like FHA 203k, VA Renovation, and Rural Development Renovation that cater to buyers seeking low or no-down payment solutions, to the FNMA's Conventional HomeStyle program designed for owner-occupied homes, second homes, and investors. REALTORS will gain comprehensive insights into the pre- and post-closing processes required to turn renovation dreams into reality, equipping them to guide their buyers every step of the way.