RenoFi Team

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

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.

HELOC after loan modification is a doable and viable option if you're looking to tap into your home equity after adjusting your original mortgage terms.

HELOC loan to value (LTV) is a ratio creditors use to evaluate how risky it is to lend to a homeowner with a mortgage.

Getting a HELOC with a 650 credit score, while not ideal, does not typically exclude you from getting a loan.

This introduction outlines the availability and benefits of government home improvement grants, guiding readers through the eligibility and application processes to secure funding for various renovation projects.

A HELOC on investment property is offered by RenoFi's lending partners, along with banks, credit unions, and loan brokers with different terms and loan costs.

You can have two HELOC loans on your property, but although possible, they require careful consideration.

HELOC loans in Texas offer homeowners a flexible way to tap into their home equity, governed by distinct rules setting them apart from HELOCs in other states.

Explore the benefits and considerations of Home Equity Lines of Credit (HELOCs) as a flexible financial tool for homeowners looking to maximize their property's equity for various purposes, including home improvements and debt consolidation.