Renovation

Home renovation is rapidly becoming a strategy of choice for savvy buyers throughout the country. If you look at a home needing improvement and see the home of your dreams, finding and buying the right property could be the springboard to new choices and greater financial security.

• You may be able to purchase property in a neighborhood you could otherwise not afford.
• You will be able to renovate your home to match your tastes, serve your needs, and provide a more comfortable lifestyle.
• You may be able to pay less than market price and get a real bargain.
• You will be able to watch the fair market value of your home increase with each phase of renovation, increasing the equity in your home.

Equity is the difference between the fair market value of your home and the amount owed on your mortgage loan. The equity in your home is an asset you can use to help finance additional home improvements or meet major expenses like college tuition.  It can also fund the purchase of a vacation home or an investment property.  Using the equity in your home can be a very smart choice because interest rates on home equity loans are generally significantly lower than other types of financing and may be tax deductible. Plus renovating adds value to your home ahead of market value growth, so you build equity at an accelerated rated.
Whatever your financial profile, Renovate First can help you capitalize on a purchase opportunity through faster loan approvals, competitive interest rates, and expert advice.
Consider some of the advantages of financing through Renovate First:
More Money : Traditional financing places the burden of funding improvements on the homeowner who will not be reimbursed for renovation expenses until after the loan closes. Renovate First loan programs offer 100% financing for the purchase and renovation of your home all in one loan with little or no money out of pocket. With Renovate First you'll have less money tied up with a lender, and more money in your pocket.
Less Risk:  Renovate First helps you borrow at competitive rates without having to draw down your savings while accelerating your equity so you have less at risk.  Take a look at why financing through Renovate First may be a smarter choice. 
Expert Advice:  Renovate First brings you more borrowing power and a team of renovation experts with their own network of partners to help you get the job done right.  Whether helping you find the right property, or offering suggestions on which improvements promise the greatest return, the Renovate First team is committed to helping you make the most of your home purchase and renovation.

Renovate First - How it Works

ONE LOAN…ONE TEAM.  Renovate First gives you more of what you need to make your dream home a reality:

• 100% of the funds you need to purchase and renovate a home, all in a single loan, based on the home’s value after improvements are made.
• A Renovation Specialist and a team of certified experts to help you with home inspection, renovation planning, contracting and more.

GUIDING YOU STEP-BY-STEP

See for yourself how easy it is to have the home you’ve always wanted by clicking through our 8-step guide to achieving your dream home.  You can do it — with confidence — with Renovate First!
Buying and renovating your dream home can feel overwhelming.  For this reason, Renovate First has pre-selected and approved a full range of experts who can help you every step of the way.  Our approved real estate agents make it their business to know everything about communities and the homes located within them. 

• Understand and help you clarify what you want in a home. When you work with our approved agents, your interest in buying a fixer-upper is understood.
• Search various lists and resources for homes that best match your needs and desires.
• Show you appropriate homes, narrowing or broadening your options as appropriate.
• Provide helpful and important information about communities, comparative values of neighboring homes, tax rates, building code regulations, local schools, and more.
• Help you formulate and negotiate an offer on the home you want to buy.
• Facilitate the purchase negotiation process by acting as your intermediary with the seller.

Your Renovation Specialist will provide you a list of approved agents in your area.  This will make it easier for you to choose an agent who understands the needs of Renovate First buyers.  You will find our approved agents both trustworthy and easy to talk to about your needs and desires as you look for the perfect home.