A rehab mortgage loan provides homebuyers and current owners the best financing method available to improve property condition and value with one simple transaction. Whether you are buying for the first time or moving into your dream home a rehab loan provides flexibility, leverage and convenience. Once you've identified your project needs be sure to contact a Construction Loan Specialist who is best qualified to guide you through the process.

There are Two Types of Rehab Loans:

Purchase Rehab - A purchase rehab loan is a great option for buyers who are looking to improve their property immediately upon purchase. This mortgage loan provides the funds to purchase your home and the funds to complete your improvement project all in one loan.

Refinance Rehab - A refinance rehab loan works similar to a purchase rehab loan but is applicable for existing home or land owners who are looking to improve their current properties. This is an excellent way to not only improve the condition of your property but in most cases, improve their value.