In our latest video, we sat down with Jeremy Drobeck, a Loan Officer at Treadstone Mortgage, and Ramon Huerta, a local contractor, to discuss the exciting possibilities of renovation financing. We explored how these loans can help homeowners breathe new life into older homes and how the process works. The Power of Renovation Loans Renovation... Read More
Exciting Changes to FHA 203(k) Renovation Loans: Effective November 4, 2024! Get Ready to Unlock More Potential We're thrilled to announce some significant updates to the FHA 203(k) renovation loan program that will take effect on November 4, 2024. These changes are designed to make homeownership more accessible and empower you to transform your dream... Read More
House Hacking Made Easy: Leveraging FHA Financing and 203(k) Loans House hacking is a real estate investment strategy that has gained significant popularity in recent years, and for a good reason. It offers individuals the opportunity to own a property, live in one part of it, and rent out the remaining units to cover mortgage... Read More
Having Trouble Getting FHA, RD, and VA Offers Accepted? Your Clients Have Options! Do you have Sellers not willing or unable to do repairs? Are your Buyers frustrated with Cash and Conventional only listings? Unsure about accepting renovation financing offers in this sensitive market? Did you know there are Renovation Loans available with FHA, USDA/RD,... Read More
Since COVID hit, the housing market has been crazy! With housing in high demand, the competition is getting tough out there. Buyers are looking for alternative ways to buy a home and many have turned to renovation financing. In fact, our renovation volume tripled in 2021. There are a number of reasons for this, but... Read More
Michigan homebuyers, take note! The Michigan State Housing Development Authority (MSHDA) has announced the 2025 income and sales price limits for its MI Home Loan and Mortgage Credit Certificate (MCC) programs. These new limits, effective for new registrations as of May 1, 2025, are crucial for determining eligibility for MSHDA’s programs.