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Sometimes the best path to finding your dream home is to purchase a fixer upper and make it your own. It’s a thrilling undertaking. It’s a chance to put your own stamp on house. But the logistics of financing that project can feel complex.
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A rehab loan, also known as a renovation loan, is a single loan that combines a property’s purchase cost along with a bid for renovations into a single loan.
Whether you’re a homeowner looking to enhance your existing space or a homebuyer with a vision for a fixer-upper, a rehab loan offers the flexibility and support needed to turn houses into dream homes.