Tag: renovation loan

USDA Mortgage Repair Escrow Program in Michigan

USDA

Michigan homebuyers looking to purchase a home in rural or suburban areas have a unique financing opportunity through the USDA Mortgage Repair Escrow Program. This specialized program allows you to buy a home that needs repairs while financing both the purchase price and renovation costs into a single, zero down payment loan. The USDA Repair… Read more »

Types of Renovation Mortgage Programs

Renovation Mortgage Programs If I had a dollar for every time someone responded to my comment about remodeling and DIY projects with the phrase “welcome to home ownership!”– I’d be rich!  Not everyone has the means to build their pinterest-inspired dream home from the ground up– but what if I told you there are mortgage programs designed to help renovate existing structures?  What… Read more »