Sherry Cash

Mortgage Loan Originator

NMLS #217409
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Mar 14 2017
Sherry
2 posts

Tearing Down Walls with Renovation Loans

A realtor approached me after a renovation CE class and asked me why I like doing FHA 203(k) and Conventional HomeStyle Renovation loans when they are so much “extra work”.

Sunday Fun Days give a recent client quality family time in our over rushed cell phone obsessed life style. Guys cheer and yell at the TV during football games, ladies enjoy girl talk and kids play with their cousins. I’m sure the variety of homemade food encourages overeating which is good for the soul every now and then.

A 203(k) or HomeStyle Renovation loan allows a home buyer or homeowner to include the cost of customizing their home into one single mortgage payment.  This clients newly expanded kitchen offers enough space for everyone to be together. I do the “extra work”, so clients like this can carry on a tradition that grandmother started and her mother passed to her.

This is why I do renovation loans.

Life is short. Homes are a long term investment. For as little as $50 per month one can include up to $10,000 in repairs, updating and renovations in one low interest rate mortgage.  Are they on a tight budget? They might amazed how much they can save by eating at home twice a month or skipping Starbucks a few times to make up the difference. My question is why would someone not want to personalize their home to meet their family’s needs for as little as $50 per month?  In my opinion, a renovation loan is a much more wise financial choose over charging up high interest rate credit cards to make the changes over a longer period of time.

As far as the “extra work” goes, my amazing team helps me with the extra work and routinely close renovation loans within 45 days. How can I help your clients customize their new house to meet their family needs and help them carry on their family traditions?

Specializing in: HomeFixer Repair Escrow, FHA Limited 203(k), FHA Standard 203(k) and Conventional HomeStyle Renovation Loans

Offering: FHA, VA, USDA, Convention, Jumbo & Construction-Perm Loans

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