Remodeling Loans

Many people struggle to find a property they love when the market is improving.  Homes that have been completely remodeled and updated are priced at a premium and often sell very quickly.   This is especially true for those looking to purchase a second home or investment property.

 

However, there are loans out there that can help you turn that diamond in the rough into your dream home.  Check out these loans for construction and remodeling through Premier Mortgage Group.  www.pmglending.com

 

 

ELIGIBLE PROJECTS INCLUDE:

  • Flooring Upgrades
  • Kitchen Remodels
  • Room Additions
  • Landscaping
  • Foundation repair
  • Installation of Egress Windows
  • Relocation of a Load-Bearing Wall

PROGRAM GUIDELINES:

  • Purchase & refinance of owner-occupied, primary residence,
    second home & investment properties
  • Eligible property types include attached and detached single
    family residences, condos & PUDs
  • 1 to 4-unit properties (LTV & occupancy restrictions apply)
  • Improvements must be permanently-affixed & add value
    to the property
  • $417,000 maximum loan amount
  • Minimum 640 credit score for owner-occupied
  • Minimum 720 credit score for second-home &
    investment properties
  • Additional restrictions apply

 

Courtesy of Paula Ramey Stjernholm
Senior Mortgage Consultant
(970) 262-0555 office 
(970) 446-7110 fax 
pramey@pmglending.com
www.paularamey.com