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Solution Spotlights

Rehab financing solutions will transform a diamond in the rough into your member's sparkling gem

 

Have you ever heard a member say, "This house is perfect, except…" with a long list of items they cannot see past improving?

 

Many times, minor cosmetic changes or major, necessary safety/structural improvements will prevent a member from achieving homeownership. The cost of major improvements may be a roadblock to necessary repairs on a property they currently own. Compounded with the increase in foreclosures allowing homes to fall into disrepair, it leads to a decrease in property values and deteriorates our communities.

 

For over 25 years, AmeriCU has been providing rehab financing solutions to home buyers. AmeriCU is considered one of the local experts in FHA 203k rehab financing. Some of the benefits include:

 

  • Improvements are completed within six months of closing. This helps your members see past the "except" to enthusiastically reviewing plans of how "exceptional" the property could be.
  • Down payments as low as 3.5%. More members will qualify for rehab financing than traditional loan products.

 

AmeriCU will guide your members through the rehab financing process and help turn, "This house is perfect, except…" into, "This home is exceptional!"

 

For more information please contact Ben Schweder, Vice President – W.C.U.L. Services Corp., at (800) 242-0833, Ext 6026


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