Troy will use his 27 years of mortgage banking experience to guide you through today's complicated home loan process.
As a nationally reconized HomePath® and HomePath® Renovation expert Troy can provide clear and concise answers to the often confusing process of obtaining a mortgage or renovation mortgage on a foreclosed property. Clients contact Troy from all over the country to utilize his knowledge and expertise. Troy has succesfully closed hundreds of HomePath®/ HomePath® Renovation mortgages.
HomePath® was created by Fannie Mae to provide special financing incentives on properties they obtained through foreclosure. This loan program allows you to qualify with as little as 3% down. The HomePath® Renovation loan allows up to $35,000 to be added to your loan to be used toward repairs, loan fees and cost overrun contingency.
If your financing needs do not conform to HomePath® guidelines Troy can offer comparable loan programs such as standard FHA and Conventional loans or FHA 203k renovation and FannieMae HomeStyles renovation loans.
"IT'S THE EXPERIENCE THAT COUNTS"
The Federal Housing Administration has a loan type designed that allows you to renovation your existing home or one that you would like to purchase that needs repairs. In most cases the 203(k) will allow you to customize your home. Ask me if the FHA 203(k) loan is good for you!