Wells Fargo Home Mortgage can finance your improvements or repairs when purchasing your home. The Purchase & RenovateSM loan could be a great financing solution when purchasing a fixer-upper or as-is home. Qualified customers can leverage tomorrow’s property values to advance today’s improvement visions. Working together, we can help more customers enjoy the personal and financial rewards of upgrading and renovating a home. You can have more money to work with while upgrading. The amount you can qualify for is based on the after improved value of your home. There will be less strain on your budget. Your renovation is paid for gradually over the entire term of your mortgage.
Seller’s also appreciate the fact that by offering to perspective buyers the Wells Fargo Home Mortgage Purchase & RenovateSM loan, neither the seller or the buyer has to pay out of pocket for repairs to the home.
Have you been thinking about upgrading and renovating your home?
Now is the perfect time. Did you know that a minor kitchen remodel will allow you to recoup over 100 percent of your cost when you go to sell your home? Just updating a functional kitchen to look more modern and be energy efficient can increase the value of your home by more than what you spend on the remodel.
Wells Fargo & Co. has been around for over 150 years and is the only AAA rated bank in the United States. In today’s ever changing financial market, it’s good to know that we’re here today and we’ll be here tomorrow.
Don Flannery and Steve Stebbins are Certified Rennovation Loan Specialists for Wells Fargo Home Mortgage. They can be reached at 661-253-5900 ext. 33 or ext. 31 for further information.