George Mason Mortgage is proud to offer renovation loans for a wide range of home improvement projects.
One of the greatest benefits is being able to purchase or refinance a home as well as paying for the repair and/or remodel costs…all with a single loan. As the housing market continues to change, bank owned (REO) homes are offered for sale, and homes continue to be sold AS-IS. The renovation loan program allows purchasers and homeowners a way to make improvements in a turn-key fashion.
A renovation loan program is a great choice, especially for first-time homebuyers, current owners or purchasers of homes in need of repair or renovation. Your renovation home loan expert can lay out options for your specific situation so you can choose the solution that meets your needs. If you have found the right neighborhood, but cannot find the right home in today’s market, then consider using a renovation loan to add-on or make changes to a home listed to suit your needs.