RE-buildUSA™ helps Real Estate and Mortgage Professionals Enjoy Tremendous Opportunities in Today’s Real Estate Market!

• After several years of recessionary times, real estate, mortgage and construction professionals are seeking new ideas and opportunities.
• An abundance of foreclosed homes offer great buying opportunities for millions of Americans. Additionally, more than 100 million homes in the US were built before 1990. Almost every one of these homes would benefit from some amount of renovation and modernization.
• Homes needing renovation are typically the very best buys available; however, most prospective buyers have no idea how to finance both the purchase of the home and the renovation work required.
• Due to the dramatic changes in the banking world, conventional financing is unavailable to millions of potential buyers. In spite of excellent buys available, most cannot meet strict down-payment, income and credit requirements. Further, adding a second mortgage to finance repairs or remodeling is simply out of reach for almost all homeowners in today’s climate.
• To meet this need, FHA guaranteed mortgages offer competitive alternatives to conventional financing, featuring lower down payments and less restrictive credit requirements. As a result, the use of FHA financing has grown tremendously. However, many excellent homes available at great prices need repairs and renovation to qualify for FHA financing.
• The FHA 203k Renovation Loan Program offers a powerful solution that turns challenges into opportunities! RE-buildUSA™, in partnership with Lowe’s, helps you and your customers more easily enjoy the benefits of the FHA 203k!