Repairs After Closing
Allows buyers to make required repairs/ improvements needed to their future home
- Apply value of the materials and repairs toward the down payment
- Provides an option to sellers who are physically unable or unwilling to make repairs or required municipal improvements
- Creates solutions for buyers that may be limited on funds for a down payment
- Obtain your mortgage from the convenience of your home or workplace
- Monthly payments are fixed over the life of the loan
- Interest rate does not change
- Protected if rates go up
- Can refinance if rates go down
- What documents are needed?