USDA Renovation Loan
The USDA Renovation loan has all the same great benefits as the USDA Rural Housing program loan and allows you to wrap your renovation costs into the mortgage.
- No down payment option
- Finance renovation costs into your mortgage for one monthly payment
- Great way to handle any appraiser required repairs
- Available to low and moderate-income rural households
- Income and geographical limits apply
Check Property Eligibility Learn More Renovation Loan Process
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S.O.S. SAVE OUR SALE
S.O.S. SAVE OUR SALE: WHAT TO DO WHEN YOUR LENDER STALLS WEEKS BEFORE CLOSING!
Did your mortgage lender suddenly go radio silent, request the same bank statement for the fourth time, or drop a last-minute loan denial right before your scheduled closing date?
Yesterday, a panicked real estate agent called my office from Portage. Their buyer had been under contract for three weeks on a home near Milwood. The closing date sat just nine days away.
Out of nowhere, the buyer’s out-of-state call-center lender issued a denial letter. The call-center underwriter miscalculated self-employment write-offs, panicked over an unpermitted porch repair on the appraisal, and threw the entire transaction into the trash can.
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