Video Transcript:
Most people see a home needing work and think two separate loans are needed. This common approach is slow, costly, and creates completely unnecessary structural problems. I am David Ghazaryan, and I designed the architecture to bypass that entire problem. My system combines the purchase and renovation funds into one single loan. The loan isn’t based on the home's current price; this is the key. We are financing against its higher future value after all renovation work is finished. This forward-looking value gives you much more borrowing power from the very start. It provides the money for both the purchase and the complete renovation together. The renovation money is not released all at once, which protects your project. It is paid to the builder in stages, only after inspections confirm progress. The complete mechanics, including contractor rules, are detailed within the corresponding article. Find it and my platforms by using the links right below here.
Read Blog Here: https://www.iqratemortgages.com/blog/a-guide-to-jumbo-renovation-loans-in-beverly-hills-california
