I am a first time buyer, and I have heard a lot about cash back @ closing, does anyone know what I need to do to get cash back to make improvements to the home?
How do I get cash back at closing, when purchasing a home?
There are a couple ways to do this. You could look for a renovation type loan. I offer a loan secured by FHA called a 203K loan that would allow for this type of transaction. If you would like to know more, feel free to contact me at timothy.kazee@americanhm .com and we can discuss this further.
Reply:go here for great loan programs http://www.allsolutionsnetwork.com/cgi-b...
Reply:Take a higher rate %26amp; get a credit back, or their are programs that allow this - 103% or 107% financing where you can include your costs %26amp; or pay off debts too. You need to specifically state you want this %26amp; see if you can get approved for those options. Keep in mind you may not becuase those are very high risk loans %26amp; the criteria is much stricter than ususal.
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