{"id":19212,"date":"2012-03-16T16:24:23","date_gmt":"2012-03-16T16:24:23","guid":{"rendered":"http:\/\/203krehabnow.com\/?p=19212"},"modified":"2012-03-16T16:24:23","modified_gmt":"2012-03-16T16:24:23","slug":"homestyle-renovation-loan-great-for-the-upcoming-summer-months","status":"publish","type":"post","link":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/","title":{"rendered":"HomeStyle Renovation Loan: Great for the Upcoming Summer Months"},"content":{"rendered":"

\"\"<\/p>\n

HomeStyle Renovation Loan: Great for the Upcoming Summer Months<\/p>\n

Summer is just around the corner so now is the time to start thinking about ways to keep cool. One great way to do this is to add or repair your existing pool. How can this be accomplished in a very cost effective way? The answer, use the Fannie Mae HomeStyle Renovation<\/a> loan. This is a great loan for a current homeowner looking to do some luxury backyard upgrades<\/a> or maybe for your new home that you are considering purchasing.<\/p>\n

There is no better time to remodel than before you actually move in!<\/strong> For those of you purchasing a new home now would be the time to fully customize the home to your liking. Maybe the home has the perfect back yard but has required foundation and roof repairs. Not to worry, these can all be fixed using the HomeStyle<\/a> loan too!<\/p>\n

This is a conventional loan which means the loan amount can go up to $417,000.00 and has a low down payment of 5%. Best of all unlike the FHA Rehab loans<\/a>, luxury items ARE ALLOWED with the HomeStyle loan<\/a><\/span>. This means that not only landscaping and new decking are allowed but with this loan you may add a pool, renovate an existing pool add an outdoor kitchen and even a sauna!<\/strong><\/p>\n

If you are an investor<\/strong> who is considering purchasing a property that needs a little work \u2013 the Fannie Mae HomeStyle loan is your answer as well!<\/p>\n

At closing, all funds for renovation will be escrowed in an interest-bearing account. After all renovation work is complete, any remaining funds in the escrow account will be used to pay down the principal balance of the mortgage.<\/p>\n

Fannie Mae HomeStyle Renovation Mortgage Highlights:<\/strong><\/p>\n

\u2022 Up to 95% LTV for owner occupied \/ 75% LTV for investment<\/p>\n

\u2022 Gift funds allowed<\/p>\n

\u2022 Renovation funds escrowed in an interest bearing account<\/p>\n

\u2022 Multi-dwelling units and Condos are allowed (may be subject to additional requirements)<\/p>\n

\u2022 Soft costs (architectural services, engineering, permit fees, etc.) may be financed<\/p>\n

\u2022 Loans are underwritten to FNMA guidelines<\/a><\/p>\n

\u2022 Credit score minimums range based on LTV requirements and income documentation requirements<\/p>\n

\u2022 Pool and luxury item installation or repair allowed<\/p>\n

\u2022 Mortgage insurance requirements are based on the LTV calculated using the after-improved value<\/p>\n

\u2022 The HomeStyle Program is available for refinancing options as well as purchase financing<\/span><\/p>\n

With the HomeStyle Renovation Mortgage \u2013 you can basically do any kind of repairs as long as the appraised value can support the repairs or improvements are common for the area. The repairs must be completed within 120 days and cannot be more than 50% of the final appraised value.<\/strong><\/p>\n

Is the Fannie Mae HomeStyle Renovation Mortgage the best loan for investors who want to purchase a property in need of a few repairs? I can\u2019t think of a better one.<\/p>\n

Call me today <\/a>and let\u2019s discuss the many renovation loans we have to offer.<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Summer is just around the corner so now is the time to start thinking about ways to keep cool. One great way to do this is to add or repair your existing pool. How can this be accomplished in a very cost effective way? The answer, use the Fannie Mae HomeStyle Renovation loan. This is a great loan for a current homeowner looking to do some luxury backyard upgrades or maybe for your new home that you are considering purchasing.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[70,62],"tags":[128],"class_list":["post-19212","post","type-post","status-publish","format-standard","hentry","category-fannie-mae-homestyle","category-mortgage-programs","tag-fannie-mae-homestyle-rehab"],"acf":[],"yoast_head":"\nHomeStyle Renovation Loan: Great for the Upcoming Summer Months<\/title>\n<meta name=\"description\" content=\"Fannie Mae HomeStyle Renovation loan great for adding upgrades such as a pool. Foundation and roof repairs are also included. Investors allowed.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HomeStyle Renovation Loan: Great for the Upcoming Summer Months\" \/>\n<meta property=\"og:description\" content=\"Fannie Mae HomeStyle Renovation loan great for adding upgrades such as a pool. Foundation and roof repairs are also included. Investors allowed.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/\" \/>\n<meta property=\"og:site_name\" content=\"203krehabnow\" \/>\n<meta property=\"article:published_time\" content=\"2012-03-16T16:24:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-content\/uploads\/2013\/12\/iStock_000002052869_ExtraSmall.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"425\" \/>\n\t<meta property=\"og:image:height\" content=\"282\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Leesa Sandoval\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Leesa Sandoval\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/\"},\"author\":{\"name\":\"Leesa Sandoval\",\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/#\\\/schema\\\/person\\\/077ba4d7228c4608636fa8a7169e57ed\"},\"headline\":\"HomeStyle Renovation Loan: Great for the Upcoming Summer Months\",\"datePublished\":\"2012-03-16T16:24:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/\"},\"wordCount\":488,\"image\":{\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/iStock_000002052869_ExtraSmall.jpg\",\"keywords\":[\"Fannie Mae HomeStyle Rehab\"],\"articleSection\":[\"Fannie Mae Homestyle\",\"Mortgage Programs\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/\",\"url\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/\",\"name\":\"HomeStyle Renovation Loan: Great for the Upcoming Summer Months\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/iStock_000002052869_ExtraSmall.jpg\",\"datePublished\":\"2012-03-16T16:24:23+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/#\\\/schema\\\/person\\\/077ba4d7228c4608636fa8a7169e57ed\"},\"description\":\"Fannie Mae HomeStyle Renovation loan great for adding upgrades such as a pool. Foundation and roof repairs are also included. Investors allowed.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/#primaryimage\",\"url\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/iStock_000002052869_ExtraSmall.jpg\",\"contentUrl\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/iStock_000002052869_ExtraSmall.jpg\",\"width\":425,\"height\":282},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HomeStyle Renovation Loan: Great for the Upcoming Summer Months\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/#website\",\"url\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/\",\"name\":\"203krehabnow\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/#\\\/schema\\\/person\\\/077ba4d7228c4608636fa8a7169e57ed\",\"name\":\"Leesa Sandoval\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a1f478e0fb8d6f79b87ef43e4a85326476dda64bb0f90ba61943a2f36286728e?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a1f478e0fb8d6f79b87ef43e4a85326476dda64bb0f90ba61943a2f36286728e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a1f478e0fb8d6f79b87ef43e4a85326476dda64bb0f90ba61943a2f36286728e?s=96&d=mm&r=g\",\"caption\":\"Leesa Sandoval\"},\"url\":\"https:\\\/\\\/dev203k.orbitwebx.com\\\/dev203k\\\/author\\\/leesasandoval\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"HomeStyle Renovation Loan: Great for the Upcoming Summer Months","description":"Fannie Mae HomeStyle Renovation loan great for adding upgrades such as a pool. Foundation and roof repairs are also included. Investors allowed.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/","og_locale":"en_US","og_type":"article","og_title":"HomeStyle Renovation Loan: Great for the Upcoming Summer Months","og_description":"Fannie Mae HomeStyle Renovation loan great for adding upgrades such as a pool. Foundation and roof repairs are also included. Investors allowed.","og_url":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/","og_site_name":"203krehabnow","article_published_time":"2012-03-16T16:24:23+00:00","og_image":[{"width":425,"height":282,"url":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-content\/uploads\/2013\/12\/iStock_000002052869_ExtraSmall.jpg","type":"image\/jpeg"}],"author":"Leesa Sandoval","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Leesa Sandoval","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/#article","isPartOf":{"@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/"},"author":{"name":"Leesa Sandoval","@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/#\/schema\/person\/077ba4d7228c4608636fa8a7169e57ed"},"headline":"HomeStyle Renovation Loan: Great for the Upcoming Summer Months","datePublished":"2012-03-16T16:24:23+00:00","mainEntityOfPage":{"@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/"},"wordCount":488,"image":{"@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/#primaryimage"},"thumbnailUrl":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-content\/uploads\/2013\/12\/iStock_000002052869_ExtraSmall.jpg","keywords":["Fannie Mae HomeStyle Rehab"],"articleSection":["Fannie Mae Homestyle","Mortgage Programs"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/","url":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/","name":"HomeStyle Renovation Loan: Great for the Upcoming Summer Months","isPartOf":{"@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/#primaryimage"},"image":{"@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/#primaryimage"},"thumbnailUrl":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-content\/uploads\/2013\/12\/iStock_000002052869_ExtraSmall.jpg","datePublished":"2012-03-16T16:24:23+00:00","author":{"@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/#\/schema\/person\/077ba4d7228c4608636fa8a7169e57ed"},"description":"Fannie Mae HomeStyle Renovation loan great for adding upgrades such as a pool. Foundation and roof repairs are also included. Investors allowed.","breadcrumb":{"@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/#primaryimage","url":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-content\/uploads\/2013\/12\/iStock_000002052869_ExtraSmall.jpg","contentUrl":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-content\/uploads\/2013\/12\/iStock_000002052869_ExtraSmall.jpg","width":425,"height":282},{"@type":"BreadcrumbList","@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/homestyle-renovation-loan-great-for-the-upcoming-summer-months\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dev203k.orbitwebx.com\/dev203k\/"},{"@type":"ListItem","position":2,"name":"HomeStyle Renovation Loan: Great for the Upcoming Summer Months"}]},{"@type":"WebSite","@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/#website","url":"https:\/\/dev203k.orbitwebx.com\/dev203k\/","name":"203krehabnow","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dev203k.orbitwebx.com\/dev203k\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/dev203k.orbitwebx.com\/dev203k\/#\/schema\/person\/077ba4d7228c4608636fa8a7169e57ed","name":"Leesa Sandoval","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a1f478e0fb8d6f79b87ef43e4a85326476dda64bb0f90ba61943a2f36286728e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a1f478e0fb8d6f79b87ef43e4a85326476dda64bb0f90ba61943a2f36286728e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a1f478e0fb8d6f79b87ef43e4a85326476dda64bb0f90ba61943a2f36286728e?s=96&d=mm&r=g","caption":"Leesa Sandoval"},"url":"https:\/\/dev203k.orbitwebx.com\/dev203k\/author\/leesasandoval\/"}]}},"_links":{"self":[{"href":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-json\/wp\/v2\/posts\/19212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-json\/wp\/v2\/comments?post=19212"}],"version-history":[{"count":0,"href":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-json\/wp\/v2\/posts\/19212\/revisions"}],"wp:attachment":[{"href":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-json\/wp\/v2\/media?parent=19212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-json\/wp\/v2\/categories?post=19212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-json\/wp\/v2\/tags?post=19212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}