Contour Mortgage News

Can You Add Renovation Costs to Your Mortgage?

Some home buyers are only interested in move-in ready properties, but others are open to looking at fixer uppers. While it does require more elbow grease, purchasing a....

Home Buyers, 203k Loan / April 04, 2018

What Are 203(k) Loan Requirements?

There are significant advantages to securing a 203(k) loan, which is backed by the government agency Federal Housing Administration (FHA), for those looking to purchase a....

203k Loan / March 09, 2018

Rehab Loans for First-Time Home Buyers

If you enjoy taking on big projects and want to save some money when you're ready to buy your first home, purchasing a fixer-upper may be the right move. Fortunately,....

203k Loan / August 31, 2017

Where Can You Get a Home Renovation Loan?

Whether you've found a great fixer-upper or if you simply want to renovate and update your current home, you're going to need the capital to do it. Home renovations don't....

203k Loan / July 25, 2017

How Do FHA 203(k) Loans Work?

FHA 203(k) loans are designed to help people fund home remodeling projects. These loans can either be used to fund upgrades to your existing home or to allow you to....

Home Buyers, 203k Loan / May 15, 2017

What Does a 203(k) Loan Do?

A 203(k) loan is a type of home financing that is available to anyone who needs to renovate a property. Whether you want to upgrade your current home or plan to buy a....

Home Buyers, 203k Loan / April 10, 2017

Buying a Fixer Upper: Is it Right for You?

Choosing the home you’re going to live in is one of the biggest financial decisions you will ever make. Being a homeowner is a huge commitment that comes with a lot of....

Home Buyers, 203k Loan / January 19, 2017

How to Find the Best FHA 203(k) Lenders on Long Island

Many FHA 203(k) lenders are located on Long Island. If you want this type of loan, you should definitely go to the most reputable mortgage company you know so your....

Home Buyers, 203k Loan / October 20, 2016

The Renovation Loan Offered by FHA-Approved Lenders

Some people are satisfied with a typical, conventional mortgage loan to finance their new home, but if they want help to afford the property and update it, then the....

Home Buyers, 203k Loan / September 13, 2016