Discover the potential of your dream home with a Renovation Loan!

Are you eyeing that perfect fixer-upper? A renovation loan might be just what you need to turn a house in need of a little TLC into the home of your dreams. At Cornerstone First Mortgage, we offer specialized renovation loans that allow you to purchase and renovate a property, increasing its value and your equity.

Why Choose a Renovation Loan?

• Transform Your Home: Buy a property that may not be perfect at first but holds great potential. Use the loan to make necessary improvements and customize it to your taste.
• Increase Property Value: Renovations can significantly enhance the value of your home, allowing you to build equity quickly.
• Flexibility for Investors: Ideal for investors looking to purchase single-family residences to renovate for rental income or flipping.
• Competitive Rates and Terms: We offer attractive rates and flexible terms to suit your financial needs and goals.

Benefits of Renovation Loans

• Purchase & Improve: Combine the costs of purchasing a home and making improvements into a single loan.
• Higher Loan Limits: Renovation loans often allow for higher loan amounts than standard loans, covering both purchase price and renovation costs.
• Customizable: Tailor the renovation budget and work scope according to your specific needs and preferences.

The Process

1. Pre-Approval: Get pre-approved for a renovation loan to know your budget.
2. Home Selection: Choose a property that fits your vision.
3. Renovation Plans: Work with contractors to plan the renovations and get estimates.
4. Loan Application: Submit the renovation plans along with your loan application.
5. Approval & Funding: Once approved, funds are disbursed in stages as work is completed.

Why Work with Sharif Shamsudin?

• Expert Guidance: With extensive experience in renovation loans, I ensure you understand every step of the process.
• Personalized Service: I tailor my services to meet your unique needs, helping you make informed decisions.
• Local Expertise: As a trusted mortgage professional in the New Jersey area, I have a deep understanding of the local market and can provide valuable insights.