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100% Purchase Financing
Including Home Improvements
We have a unique program for your USDA loan. We can finance home improvement repairs with a purchase of your home and with no money out of pocket.
Example:
Sales Price on Home: $100,000 with seller paying all closing costs and prepaids.
* House needs new carpet and tile floors in Kitchen (cost of $4000)
We will roll in the cost of the repairs to the new loan amount $104,000.
House will need to appraise for at least $104,000.
After closing the repairs need to be completed within 30 days by a contractor.
When all repairs are complete we will get a final inspection and release the $4000 to the contractor.
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No upfront application fee, we make it simple to get pre-approved for a loan, usually within a few hours.
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Turn to Elite Financial Group, Knowledgeable, Experienced Mortgage Company you can trust.
You’ll not only be able to afford a home sooner, you’ll probably be able to afford more home.
The national USDA-RD office announced on 5-27-10 they will issue subject to conditional approvals on USDA-RD residential loans up to $2,500,000,000.
Give us a call TODAY
417-889-9292
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