Spotlight – HomeStyle Renovation Loan Program – Home Renovation of Chicago Condo Interior – Chicago, IL

Case Study – Home Renovation of Chicago Condo – Interior work only – Chicago, IL Appraised Value After Home Renovations Completed: $398,000 Overview: Outdated, vacant Buena Vista condo sold in “as is” condition. Removed sections of interior kitchen walls and entrance to open up flow and floor plan. Updated stainless steel appliances, cabinets, granite counters and created new walk-in pantry. Created … Read More

Spotlight – HomeStyle Loan Program – Renovation and addition to 1926 original home

Case Study – Clay Avenue, Kirkwood, MO Project in Brief HomeStyle Loan Program – Complete renovation and addition to 1926 original home   Overview: Removal and replacement of entire back deck/patio Removal of interior walls allowing for open floor plan and grand living space Addition of and creation of master bedroom suite and bathroom with walk in closets 4 bedrooms … Read More

Guaranteed Rate Welcomes Ty Pennington to Our Team

Ty Pennington is Guaranteed Rate’s spokesperson. Ty is famous for his lead role in the hit TV show – Extreme Make-Over Home Edition – where he helped people transform a house into a dream home. Guaranteed Rate is famous for getting people into their dream home with a low rate mortgages. Together, Ty and Guaranteed Rate, are transforming the home … Read More

HomeStyle Renovation Loan: What You Need to Know

In an effort to help home owners create the home of their dreams, Fannie Mae has introduced the HomeStyle Renovation loan. The HomeStyle loan is Fannie’s version of a construction/rehab/renovation loan, with flexible down payment requirements and lending guidelines. Guaranteed Rate wants you to know—whether you’re purchasing or refinancing—how HomeStyle can help you renovate your current or existing home. As … Read More

Home Renovations Made Simple with Christine DePaepe

Choosing a 203k loan for major renovations is a great way to give your home the look and feel you’ve always desired. This project utilized the 203k streamline renovation loan program to achieve a simple yet functional kitchen renovation. Contractor worked with the client and various subcontractors to select finishes and cabinet layout that integrated the new style without sacrificing … Read More

I Made a Strategic Move…

As a valued client, I wanted to make sure that you are aware of my recent transition on August 16th, 2011 to Guaranteed Rate. I moved to Guaranteed Rate to provide lower rates and lower closing costs to my clients, in addition to a wide range of mortgage products that were not available at my previous company. I am available … Read More

Need repairs or renovations on your new home? Consider a 203k loan!

The FHA 203k loan program gives the best flexibility for purchases or refinances for homes that need repairs or renovations. The required down payment is 3.5% with $500 of the borrower’s own funds. The remaining funds can be gifted by a family member. THE FHA 203K IS FOR PRIMARY RESIDENCE ONLY, NO INVESTORS ALLOWED. Property Type & Loan Limits Include: … Read More

Increase Your Business with FHA 203k Loans

October 7, 2013 — Increase Your Business with FHA 203k Loans, For Chicago Agent Magazine Fall Lending Guide Click here to read Chris’ full article in Chicago Agent Magazine. Are all of the homes in your buyers’ searches in need of updating or repair?  The FHA 203k Rehabilitation Loan can be used to purchase or to refinance a home. As a … Read More

203K Rehab Home Loan VS HomeStyle Home Renovation Loan

Looking to purchase or refinance a home that needs some TLC, but can’t decide which home renovation loan program best fits your individual needs? Home renovations, big or small, have never been easier with a 203k rehab or the HomeStyle home renovation loan. Learn about the differences and benefits of both home renovation programs. What is a 203k rehab home … Read More