Posts tagged steps to get renovating
Renovation - Steps to Get Renovating
Renovation Steps to Get Renovating Flyer

STEPS TO GET RENOVATING:

Work with your loan officer to choose the renovation program that works best for you.

Select your contractor and get a bid.

We will order your appraisal to establish the value of your property based on the renovations being completed.

Once your loan is approved, we will send final renovation documents to you and your contractor.

After your loan closes, your contractor must begin work within 30 days and complete the project within 6 months.

A draw company will manage getting your contractor paid, order inspections to make sure the work has been completed, and monitor the title to insure no mechanic liens get placed against your property.

Financing your home renovation is easier than you think! Our Home Renovation programs allow you to finance the renovation of your existing home or a new home you are purchasing. Keep reading for an overview of the steps involved.

SMELL THE FRESH PAINT.

Cherry Creek Mortgage Co., Inc. NMLS #3001. This material is informational only and is not an offer to lend or recommend available products. This is not an advertisement to extend credit as defined by Regulation Z, nor an application for credit as defined by RESPA/Regulation X. All applications are subject to underwriting guidelines and approval based upon the credit, assets, value of subject property and borrower’s ability to repay. Not all applicants are eligible for or qualify for all loan products offered. All loan programs, terms and conditions are subject to change without notice.

Read More