What is a Rehab Loan?
Rehab loan, also referred to as a renovation loan, enables cash-buyer investors to finance the renovation of the home.
Advantages of Rehab Loan
- A convenient way to finance your home improvements without the need for perfect credit, huge down payments, or high interest rates
- Upgrade your home with your style and needs
- Buy a home that’s usually listed at a lower price due to the older existing condition
- Great interest rates for your rehab in one loan
- Come with a low down payment
- A minimum down payment of 3.5% means you won’t deplete your savings trying to come up with a down payment
GUIDE TO REHAB LOAN
ABOUT THE PROGRAM