The Loan Center's Blog – September 2024 Archive (1)

Have a Rehab client looking for 90/100% loan for single family house near Indianapolis

I am looking for a source for 90% purchase funding with all renovations financed. The best I have through my own sources is 85%. Here are details:

Home is off market. Client can purchase this house, currently vacant, for $395,000. In decent shape now but client would like to put on a new roof, add new laminate flooring throughout, paint interior and exterior, and upgrade front yard landscaping. Total cost to be approximately $48,000. ARV to be around $530,000. 

Client currently…

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Added by The Loan Center on September 16, 2024 at 3:24pm — 1 Comment

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