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Can I include renovation costs in my mortgage?
Posted : 28/04/2024 3:09 pm
Yes, renovation costs can be included in your mortgage There are a few options, including government-sponsored renovation mortgages, which allow you to finance the cost of purchasing (or refinancing) and renovating a home in a single loan based on the after-renovation value of the property, and RenoFi Loans, which are a new type of home renovation loan that combines the best bits of a construction loan with a home equity loan.
Posted : 30/04/2024 10:02 pm