Texas home improvement loans are a great way to finance upgrades to your existing home or to a new home that you wish to purchase. HGTV’s Fixer Upper, House Hunters and Property Brothers at Home are big hits for Texas television viewers. Have you ever wondered how you could improve your house if you’re not sitting on a pile of cash? Watch this video for more information.
Renovation mortgages are the answer to many of these financing questions. My name is Richard Woodward and I am the Specialty Lending manager For Service First Mortgage in McKinney Texas. I am in charge of helping clients with their renovation property needs. I provide our clients with multiple financing options for home improvements and renovations.
Because Texas has very strict equity lending laws, oftentimes homeowners may not have the ability to borrow against their properties for home improvements. Texas limits home equity lending to 80% of the homes current value. I can help homeowners finance updated kitchens and bathrooms, a new roof, foundation repairs and even adding a second story to their existing home or to a home that they wish to purchase. In fact, I can lend up to 110% of the homes after improved value with our 203K Renovation loan. Our Homestyle Renovation loan can provide funds up to $453,100. And for even larger projects we have loans up to $3 million. You are welcome to download my free e-book entitled How to Buy a Fixer Upper With A Renovation Mortgage
Create your dream home now with a free custom mortgage renovation quote online or over the phone at 214-945-1066.
Richard Woodward, NMLS 217454
Your Local, Direct, 5 Star Rated Mortgage Lender, Specialty Lending Manager
Office: (214) 945-1066
Service First Mortgage NMLS 166487
6800 Weiskopf Ave #200, McKinney, TX 75070
Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration. Service First Mortgage is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualification. Rates and fees are subject to change without notice. The views expressed on this site are those of the individual author and do not necessarily reflect the positions, strategies or opinions of Service First Mortgage or its affiliates.