I own 10 acres/house outright, what kind of loan do I need to completely renovate house?

The simplest loan would be a cash out refinance. Ideally, you would want to max the loan amount at 60% of your home's FMV in order to get the best interest rate and loan cost. Give me a call 16/7, or email me your phone number so I can call you, and I'll be happy to walk you through the process. To learn more about me and our mortgage brokerage, click on my picture. When the next page pops up, click on "Website" and you will be redirected to ours. If you get a chance, read some of my blogposts on Lender411. They are quite informative. We work exclusively in CA and get loans done fast, typically in less than 30 days, at low interest rates and costs. I started doing mortgage loans in CA in 2006, only do them here so I have an exceptional understanding of this extraordinary market, and, unlike the vast majority of loan officers, I am an accountant by education. As such, I am able to analyze current market conditions and structure creative loan alternatives for my clients in a manner much different, and more advantageous to them, than virtually all other loan officers. Representing more than 60 quality lenders that offer in excess of 1,500 loan programs, we definitely have something for everybody.

Hi, I may have a renovation long that would work for you. Feel free to contact me at 562.254.5616 to discuss.

I need more information (in fact any lender will)Is the home financeable? Meaning does it pass the programs property requirement guidelines. If you don't know the answer, here is a Quick overview - will it pass the 3 S Test....Safety, Sanitation, Structural If so, then Cash Out refinance or HELOC will work (refi will be better as rates are pretty low right now on fixed terms)If Not, then renovation or construction loan will be needed916-560-1230 if you have more questions

Many options available to you, but we would need more info to advise you.. Is the house habitable? Or is it dilapidated? Or somewhere in between? Is it your primary residence or an investment home? For conforming loans, the home has to be in livable condition and habitable.. However, there are rehabilitation loans available.. one through FHA and the other through conventional.. So the short answer is YES.. there are options.. which one would be best for you? We need to have a 5 minute conversation to determine which program will be best.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / MKS Lending LLC DBA Trusted Lending Center, NMLS 1018196 / AZMB 1414920