FHA 203K Renovation Loan

As we have been taking a closer look at home renovation projects and the overall process during the past few months, let’s now look at the FHA 203k home renovation loan that you can obtain to finance your home renovation project. Most people are familiar with the FHA 203k home renovation loan as it is a program that is backed … Read More

HomeStyle Renovation Loans

Looking to purchase or refinance a home that needs some TLC, but don’t have enough in savings to take on such a home rehab project? Home renovations, big or small, have never been easier with a home renovation loan. Learn how a HomeStyle home renovation loan can turn a house into the home of your dreams. A HomeStyle home renovation … Read More

Common Stages of a Home Renovation Project

Stages of a Home Renovation Project In the first series of our Bridgeport Project, we looked at reasons why home buyers are choosing to leave the suburbs and settle in hot new neighborhoods like Bridgeport, Chicago. Many of these home buyers are considering home renovation rather than buying a turnkey home. In this installment, we’ll look at common home renovation … Read More

Bridgeport Home Renovation Project | Selecting the Right Neighborhood

Bridgeport Chicago Skyline

Is Bridgeport the Hot New Neighborhood in Chicago? Revitalization of neighborhoods, convenient transportation, and the accessibility to exciting food and entertainment are some of the many reasons people are choosing to stay in the city of Chicago. In addition, companies are leaving the suburbs and heading back to the city.  People now  have more options than ever to stay in … Read More

Home Renovation of Chicago Condo Interior – Chicago, IL

Case Study – Home Renovation of Chicago Condo – Interior work only – Chicago, IL Appraised Value After Home Renovations Completed: $398,000 Overview: Outdated, vacant Buena Vista condo sold in “as is” condition. Removed sections of interior kitchen walls and entrance to open up flow and floor plan. Updated stainless steel appliances, cabinets, granite counters and created new walk-in pantry. Created … Read More

Home Renovation on Hollywood Street – Chicago, IL

Case Study – Home renovation on Hollywood Street – Chicago, IL   Overview: This home was court ordered to be demolished by the City of Chicago. The borrower found this property and wanted to purchase as it was in the right neighborhood and the perfect commute to work. The property was taken down to its foundation in order to build a … Read More

Renovation and Addition to 1926 Original Home

Case Study – Clay Avenue, Kirkwood, MO Project in Brief HomeStyle Loan Program – Complete renovation and addition to 1926 original home   Overview: Removal and replacement of entire back deck/patio Removal of interior walls allowing for open floor plan and grand living space Addition of and creation of master bedroom suite and bathroom with walk in closets 4 bedrooms … Read More

Guaranteed Rate Welcomes Ty Pennington to Our Team

Ty Pennington is Guaranteed Rate’s spokesperson. Ty is famous for his lead role in the hit TV show – Extreme Make-Over Home Edition – where he helped people transform a house into a dream home. Guaranteed Rate is famous for getting people into their dream home with a low rate mortgages. Together, Ty and Guaranteed Rate, are transforming the home … Read More

HomeStyle Renovation Loan: What You Need to Know

In an effort to help home owners create the home of their dreams, Fannie Mae has introduced the HomeStyle Renovation loan. The HomeStyle loan is Fannie’s version of a construction/rehab/renovation loan, with flexible down payment requirements and lending guidelines. Guaranteed Rate wants you to know—whether you’re purchasing or refinancing—how HomeStyle can help you renovate your current or existing home. As … Read More

Home Renovations Made Simple with Christine DePaepe

Choosing a 203k loan for major renovations is a great way to give your home the look and feel you’ve always desired. This project utilized the 203k streamline renovation loan program to achieve a simple yet functional kitchen renovation. Contractor worked with the client and various subcontractors to select finishes and cabinet layout that integrated the new style without sacrificing … Read More