Transform your dream home with a rehab loan from Omni Lending LLC. If you’ve found your ideal property in need of renovation, we can help you finance both the purchase and the renovation costs seamlessly.
What Is An FHA 203(k) Loan?
An FHA 203(k) Loan, also called a Renovation Loan, allows buyers to finance the cost of the home and the renovation in one low-rate mortgage.
The VA also offers a similar option for military and veterans to purchase a home and finance the required renovations to bring it up to the VA standards.
What Are the Requirements for a Rehab Loan?
Rehab loans have similar qualification requirements to a standard FHA or VA loan, with additional documentation needed related to the renovation.
Do you have additional questions? Give us a call! One of our mortgage specialists would be happy to answer them.
