The first thing most people want to do when they buy their home is - “make it theirs” new carpet, paint, update the kitchen, and bathrooms. But in most cases the new home owner often lacks the money to do all that they want to do. The only way they have to get what they want is to run up high interest credit cards.
InterLinc Renovation Lending has a better way!
Add the amount of money you need to renovate your new home to your low interest 30 year fixed rate mortgage.
Here is how it works:
At InterLinc Renovation Lending, you have specialists to help you through the entire process.
The InterLinc Renovation Specialist works with the loan officer and you to make sure that there are ample funds to complete your renovation project. The Renovation Specialist continues to assist you after closing, overseeing draw payments, inspections and final close out of the renovation account.
The InterLinc Designer assists you in designing a renovation project that will create the home of your dreams and lasting value.
The HUD Consultant is an independent inspector who works with you to ensure all of the work completed on the property meets the requirements of the Federal Housing Administration insuring your mortgage loan. The HUD Consultant also prepares a work write up for the contractors to bid on. After closing they conduct the draw inspections and prepare the draw request.