3 Surprising Reasons Lenders Can Turn You Down for a Mortgage | Florida Land Network Leonard Dicks Realty, LLC | Florida Land Network, Leonard Dicks Realty

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If you want to do it right after purchasing a home, it might not be a possibility for you after you make your down payment and pay the closing costs. One option you can utilize if you qualify for conventional financing is the fannie mae homestyle Renovation Mortgage. This program gives you the money to purchase and fix up a home in one loan.

$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas Irma Affected More Than 90% of Florida’s Mortgaged Properties – “More than 3.1 million properties are now included in FEMA-designated Irma disaster areas, representing approximately $517 billion in unpaid principal balances. In comparison, Harvey-related disaster areas held 1.18 million properties – more than twice as many as with Hurricane Katrina in 2005 – with a combined unpaid principal balance of $179 billion,” Graboske said.

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