Two Things That Can Hurt Your Rehab Loan Approval Chances
Buying a fixer-upper is a great way to get a home that would normally cost more than you can afford at a low price. However, you must be careful when applying for a loan for this kind of home because one mistake could tank your chances of being approved. Here are two things you need to remember when getting a rehab loan
Choose the Right Repair/Renovation Projects
Rehab loans provide you with money to make repairs and upgrades to the home.