Mortgage and Lending |
RAINER 6,965 |
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Mark McCarthy | ||
VP of Mortgage Lending/Renovation Specialist | ||
location_on Lakewood Ranch, FL — Guaranteed Rate NMLS# 2611 | ||
240846 | insert_link https://www.rate.com/markmccarthy | |
web Mark McCarthy's (mmccarthy1963) Blog |
Mark McCarthy is 203(k) Renovation Lending Certified
Mark is certified in 203(k) Renovation Lending, a program particularly well suited for buyers of fixer-uppers and REOs in need of repair. Homebuyers can finance both the purchase and future repairs on their new home with one loan.
The Renovation Loan offers some great features. The amount of money you are permitted to borrow for the purchase and renovations is based on the increased value of your home after improvements are made1. Also, because renovation costs are spread throughout the entire term of the loan, monthly payments are often lower than other financing options. With the loan, there is also no need to delay improvements. You can start in immediately after closing. Another great feature is the loan's simplicity - one application, one set of fees and closing costs, one closing to attend and one payment each month. The interest on the cost of your improvements, included in your mortgage, may be tax deductible2 as well.
Mark McCarthy values your business and will provide you with the best professional service and mortgage solutions that make most sense for you and your unique financial situation and real estate goals.
Please contact Mark by phone, email or filling out the pre-approval form on the right to get more information about our Renovation Loan, or any other mortgage financing solution. I look forward to working with you!
http://www.nmlsconsumeraccess.org/
Certified FHA 203 and Fannie Mae Loan officer and Coach
Specializing in FHA 203k and Fannie Mae Homestyle renovation programs, purchase and repair with one Loan.