Renovation Loans

If you are buying a home that needs some work, or you are looking to remodel your existing home, you should consider a renovation loan. This unique product allows the borrower to finance the cost of the remodel into your 30 year fixed rate mortgage.  For example, if you are looking to buy a home for $400,000 and it needs $50,000 worth of work, your renovation loan would be $450,000.  Instead of having to come out of pocket for the $50,000 in renovation costs, roll it into your mortgage and have the added benefit of your appraisal that will automatically include the amount of your renovation cost for an instant equity boost.  Applies also to existing homeowners who want to refinance into a renovation loan.

Loans for Veterans and for Reservists (VA Loans)

Lendfit Mortgage powered by Caliber Home Loans, designated as a Military Friendly Brand® for four years in a row now, has an extensive suite of VA lending products available for those who are veterans and for those reservists with qualifying service time. Key features of a VA Home Loan are: little to no down payment, FICO scores as low as 580, high balance loans available, and much more. A dedicated VA team will assist in obtaining the necessary documents to see what your qualifying entitlement and eligibility for a VA loan are.

Home Buyer Assistance Programs

For many, one of the biggest hurdles to homeownership is the down payment.  Let a Lendfit Mortgage professional help by exploring our various home buyer assistance programs.  You do not need to be a first time homebuyer.  Up to 100% assistance available for cash to close.

Foreign National

In today’s global society, buyers may find themselves wanting to purchase property here in the United States but may not be a U.S. Citizen. With our foreign national products, let a Lendfit Mortgage professional assist in finding the right mortgage for the international buyer. Non owner occupied, 1 to 4 units, no income verification, no reserves required.