Ishakis Finance Report Mortgage Broker Brooklyn
Loan Officer Yael Ishakis’s take on mortgage and finance news.
Buying a fixer-upper can be an exciting way to get into a desirable neighborhood at a lower price point, while also creating a home that reflects your style and needs. However, financing a property that needs significant repairs can be challenging if you are only looking at traditional mortgage products. The good news is there… Continue reading The Mortgage Options That Make It Possible to Buy a Fixer-Upper
Renovating a home can be an exciting yet costly endeavor. Whether updating an outdated kitchen, adding more living space, or improving energy efficiency, homeowners often seek financing options that make renovations more affordable. One strategic way to fund home improvements is by leveraging your mortgage. Several loan programs and refinancing options allow homeowners to roll… Continue reading Creative Ways to Finance a Home Renovation with Your Mortgage
Navigating today’s real estate market can be challenging, especially when dealing with properties listed as “cash-only.” These homes often require extensive repairs or are in poor condition, making them difficult to finance through traditional means. Fortunately, a renovation loan offers a solution, allowing you to finance both the purchase and renovation of these properties with… Continue reading Unlocking the Potential of Cash Only Properties with a Renovation Loan
As a mortgage originator, I often encounter homeowners and buyers looking for ways to finance their home improvement projects. Renovation loans offer a fantastic solution, enabling you to upgrade and personalize your home while incorporating the cost into your mortgage. We will explore the different renovation loan options available, such as FHA 203(k) and Fannie… Continue reading Financing Home Improvements with Renovation Loans