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Rehab Loans
Rehab loans provides homebuyers and current owners the best financing method available to improve property condition and value with one simple transaction. Whether you are buying for the first time or moving into your dream home a rehab loan provides flexibility, leverage and convenience. At Alpine Mortgage, we specialize in providing rehab loans for all types of properties and purposes such as: residential rehab loans, commercial rehab loans, bad credit rehab loans, hard money rehab loans and many others.Our rehab loans programs allow you to purchase or refinance your home and include the cost of repairs and improvements in one convenient mortgage. Whether you’re buying or refinancing, your new mortgage can include all of the improvements needed to make the house perfect for you.
It’s easy! With one application, one approval and one closing, you can fulfill your dreams of expanding your home, updating your home or making needed repairs- and, the mortgage loan amount is based on the “as completed” value rather than the “as is” value of the property.
Purchase Rehab – A purchase rehab loan is a great option for buyers or investors who are looking to improve their property immediately upon purchase. This mortgage loan provides the funds to purchase your home and the funds to complete your improvement project all in one loan.
Refinance Rehab – A refinance rehab loan works similar to a purchase rehab loan but is applicable for existing home or land owners who are looking to improve their current properties. This is an excellent way to not only improve the condition of your property but in most cases, improve their value.