Other Loan Types

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Home Repair Grants for Disabled Homeowners Home Repair Grants for Disabled Homeowners

Home repair grants for disabled homeowners are financial assistance programs provided by some government and non-government agencies for qualified individuals.

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5 reasons why you shouldn't use a Fannie Mae Homestyle renovation loan 5 reasons why you shouldn't use a Fannie Mae Homestyle renovation loan

Looking for the best loan to finance your home renovation project? These are the biggest reasons why you should consider a RenoFi Loan rather than a Fannie Mae Homestyle Renovation Loan.

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Fannie Mae Homestyle renovation loans: what they are and how they work Fannie Mae Homestyle renovation loans: what they are and how they work

A comprehensive guide to Fannie Mae HomeStyle renovation loans and if they are the best way to finance your renovation.

HELOC

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HELOC Terms: What Homeowners Should Know HELOC Terms: What Homeowners Should Know

HELOC terms help homeowners understand the flexibility of a Home Equity Line of Credit and compare it with refinancing to fund home renovations effectively.

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Home Equity Loan vs HELOC: What You Should Know Home Equity Loan vs HELOC: What You Should Know

Home equity loans and home equity lines of credit (HELOCs) are financing tools that use built-up home equity to allow you to fund important renovation projects.

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HELOC Pros and Cons: Everything You Need To Know HELOC Pros and Cons: Everything You Need To Know

HELOCs are flexible, offering unique benefits to homeowners who need funds for home renovation projects, but they also come with risks and potential drawbacks.

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HELOC vs Refinance: Key Features and More HELOC vs Refinance: Key Features and More

A HELOC is a second mortgage that you take out on top of your first mortgage, while a cash-out refinance replaces your old loan.

Home Improvement Loans

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How To Get a Home Improvement Loan: 5 Steps To Follow How To Get a Home Improvement Loan: 5 Steps To Follow

To get a home improvement loan, evaluate different financing options, compare lenders, and select the best loan to fund your project affordably.

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Conventional Rehab Loan: What It Is and How It Works Conventional Rehab Loan: What It Is and How It Works

A conventional rehab loan is a mortgage that allows homeowners to finance both a home purchase and the cost of renovating it in one loan.

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Home Remodel Loan: Everything You Need To Know Home Remodel Loan: Everything You Need To Know

Home remodel loans are personal loans that allow homeowners to finance upgrades and improvements to their homes.

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Personal Loans for Home Improvement: What You Need To Know Personal Loans for Home Improvement: What You Need To Know

Personal loans for home improvement projects are just one possibility among many to fund renovations. Explore financing options to find out what's best for you.

FHA Loan

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Can You Recast An FHA Loan? Can You Recast An FHA Loan?

You cannot recast an FHA loan, as government-backed loans such as FHA, USDA, and VA do not offer a recasting option.

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Joint FHA Loan: Everything You Should Know Joint FHA Loan: Everything You Should Know

A joint FHA loan enables two people to apply together for a home loan when their incomes may not be enough to qualify individually.

Home Equity Loans

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Home Equity Loan vs Mortgage: What You Need To Know Home Equity Loan vs Mortgage: What You Need To Know

Home equity loans and mortgages both use a property as collateral; home equity loans fund projects like renovations, while mortgages are for property purchases.

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Home Equity Loan vs Cash Out Refinance: What You Should Know Home Equity Loan vs Cash Out Refinance: What You Should Know

A home equity loan and cash out refinance are two ways to tap into your home's equity for financing. Compare these options to decide which is right for you.

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Pros and Cons of a Home Equity Loan: What You Should Know Pros and Cons of a Home Equity Loan: What You Should Know

Pros and cons of a home equity loan help you decide if borrowing against your home’s equity is the best way to finance renovations or major expenses.

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Reverse Mortgage vs. Home Equity Loan: Everything To Know Reverse Mortgage vs. Home Equity Loan: Everything To Know

Reverse mortgages and home equity loans both assist homeowners in accessing their home equity and translating it into cash.

Construction Loans

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Owner Builder Construction Loans: What You Need To Know Owner Builder Construction Loans: What You Need To Know

Owner builder construction loans let you finance your home construction while acting as your own contractor, with funds released in stages based on milestones.

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How to Get a Construction Loan: Everything To Know How to Get a Construction Loan: Everything To Know

To get a construction loan, prepare the project costs, select a credible builder, and apply with a lender who releases money in stages during construction.

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Construction Loan Requirements: Everything To Know Construction Loan Requirements: Everything To Know

Construction loan requirements include credit score, income proof, and a construction plan. Learn how RenoFi Loans offers a simpler financing option.

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Qualifications for Construction Loan: Must-Have Requirements Qualifications for Construction Loan: Must-Have Requirements

Qualifications for construction loan approval include a good credit score, steady income, and detailed plans. Read on to learn more.

FHA 203k

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FHA 203k Loan Rates: Everything You Need to Know FHA 203k Loan Rates: Everything You Need to Know

FHA 203k loan rates are typically 0.5-1% higher than typical FHA loans because 203k loans let you buy and fix up a house with just one mortgage.

Home Renovation Loans

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Home Remodel Loans: What You Need To Know Home Remodel Loans: What You Need To Know

Home remodel loans help fund major home renovations, structural changes, or upgrades, boosting your home's value and comfort.

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Due Diligence Checklist Before Hiring a Contractor Due Diligence Checklist Before Hiring a Contractor

Conducting thorough due diligence when hiring a contractor is crucial for ensuring a successful project and avoiding potential pitfalls.

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Home Loan for Renovation: Your Guide to the 8 Best Options Home Loan for Renovation: Your Guide to the 8 Best Options

A home loan for renovation entails several types of loans used to finance home renovation and improvement projects.

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Home Loans: A Breakdown of Options Home Loans: A Breakdown of Options

Home loans offer financing for purchasing, building, or renovating a property, with the property itself serving as collateral for the lender.

PACE Loan

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What are PACE loans? What are PACE loans?

Home renovation financing, and specifically PACE loans, got a major shout out on the most recent episode of Last Week Tonight with John Oliver.