About

What is a renovation loan- A renovation loan will enable you to either purchase or refinance a property “as is” and obtain additional funds as part of your new mortgage to pay predetermined professionals to do predetermine work to a property after you close on the transaction. About any improvements can be done to a property from required items to bring the property up to minimum financing/livability standards to desired items like remodeling a kitchen, upgrading appliances, adding a pool, new HVAC- anything that will be permanent to the structure. The down payment is based on the adjusted acquisition- the purchase price plus the cost of the renovations added together.

The Renovation Lender - Mark Vernon is committed to providing clients with the highest quality financial services combined with competitive rates. As a seasoned mortgage professional he will work with you one on one to ensure the proper financial solution will be tailored specifically to meet your financing needs. Whether you are purchasing your dream home or refinancing a home and desiring to add the cost of the renovations into your financing, he can help you determine the right loan program at a competitive rate.

The goal as a Renovation Lender is to provide education and information so that the proper financing solution can be determined to meet the client’s needs. Creating lasting relationships thru service and transparency with each and every client. Mark Vernon’s name is trusted throughout the real estate community. The knowledge of the process and industry he brings to the table is invaluable. To start a conversation with Mark Vernon to explore the power of Renovation loans, simply give a call or feel free to utilize any of the interactive tools offered throughout the site.