Posted on December 20, 2016 - 04:30 PM
by Marie McAllister
REASONS TO BUY A JUMBO PROPERTY THAT NEEDS MAJOR RENOVATIONS FROM MARIE.
I can offer you financing on a jumbo (over $765,000) only renovation loan.It must be a primary or secondary residence in south florida that needs renovations.Loan amounts up to $2,000,000.Complete teardowns and modernizing without square footage addition. Your down payment is only 10% of the finished product. Use your General Contractor. Pay closing costs once with our One-Time Closing. 6,9,12,15 month construction phase with interest only payments. Fixed Conventional and 5/1 ARM loans available. Again these are for JUMBO 'S ONLY AND PRIMARY/SECONDARY RESIDENCES.
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