What If a Home Is Too Damaged for a Conventional Loan? Mortgage Solutions Explained!

Описание: 🏡🔎 What to Do If a Property Won’t Qualify for a Conventional Loan! 💡💵

What happens if a home is in such bad condition that it doesn’t qualify for a Fannie Mae or Freddie Mac conventional loan? 🚧🏚️ Don’t worry—there are alternative financing options! In this video, Brent Rasmussen of Mortgage Specialists, LLC explains what to do if a property is non-lendable under standard loan guidelines.

📌 Key Takeaways:
✔️ Why some homes don’t qualify for conventional loans 🚫🏠
✔️ Alternative loan options: commercial loans & construction loans 💰🔨
✔️ What lenders look at: credit, income & assets 📊✅
✔️ Why these loans may have adjustable rates or interest-only payments 🔄💵
✔️ How to finance a fixer-upper, increase value, and refinance later 🚀🏡

💡 Why This Matters:
If a property is too distressed for a traditional mortgage, you still have options! A short-term loan can help you buy and rehab the home, then refinance into a long-term fixed-rate loan once it meets lending requirements.

📞 Need mortgage advice or financing options for a fixer-upper?
💻 Visit us: mtg-specialists.com
📲 Call us: 402-991-5153
🏆 Trusted | Reliable | Mortgage Experts

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💬 Drop your questions in the comments below! ⬇️

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