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Renovation Plus Loans
(Improve it now, not when you sell it!)
Buying a fixer-upper or neeed to refinance a house a that could use a little extra TLC? Consider the ViewPoint Mortgage Renovation Plus loan, which lets you roll renovation costs into your mortgage, so there's no need for a separate home improvement loan.
Are you considering:
- Pool and/or spa
- New roof
- Energy conservation and solar energy improvements
- New plumbing, electrical or HVAC systems
- New kitchen, baths, flooring or windows
- New fencing or sprinkler system
We offer:
- Roll in as much as 25% of the "as is" purchase price into your loan for improvements
- Up to 120 days from closing to complete improvements
- Loan amounts up to 95% of the "as improved" value
- Minimum 680 credit score
- Loans up to $1 million
Click here to contact a ViewPoint Mortgage Professional today for more details.
APR = Annual Percentage Rate. Normal credit standards apply. Payment Example: 3.758% APR based on Loan Amount of $180,000 ($200,000 purchase price plus $25,000 improvements and 20% down payment). Principal & Interest Payment of $822.62 for 30-years. Rates subject to change. Rate quoted as of 10/2011.
