Home Loan for a Foreclosure
Rehab Mortgage Loans for Properties that need Repairs
Nationwide provides home purchase loans for borrowers financing a foreclosed property with a rehab mortgage, FHA loan on a 30- year fixed rate term. Did you recently buy a bank owned home that need some significant rehabilitation? Are you seeking cash to fund home repairs or upgrade appliances?
Would you like to renovate your new home that may have been trashed during the foreclosure process prior to your ownership?
First time home buyers can take advantage of incentives available with several down-payment assistance programs.
Nationwide Mortgage Loans provides home purchase mortgages to first time homebuyers who need capital to rehab the property. We offer 95% home loans to qualified borrowers seeking cash out for financing new furniture and possibly home improvements. To qualify you will need a steady job and good credit scores. Full documentation is required for all 1st time homebuyer home refinance loans.
If it makes sense to roll your debts into a new loan that cuts your expenses and increases your cash flow, then we will recommend it. Remember there are no costs and no obligation whatsoever. If you want to lower monthly payments and lock into a fixed rate loan, act now!