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What is the CHOICERenovation Mortgage?

Freddie Mac has announced the creation of a new home renovation loan program called the CHOICERenovation Mortgage.  This product is replacing Freddie Mac’s previous Renovation Mortgage and is very similar to Fannie Mae’s HomeStyle Renovation and the FHA’s 203k loan. It offers many benefits to borrowers looking to make updates to their properties. How Does It Work? The CHOICERenovation Mortgage breaks from its predecessor by eliminating the need for Interim Construction Finance and allows borrowers to take out one loan at closing to pay for both the home purchase an...

August 28th, 2019 | Home Renovation Loans, What is the CHOICERenovation Mortgage?

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HighTechLending Inc. DBA American Mortgage Group - Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. NMLS #7147. Licensed in AZ# 0912577, CA# 4130937, CO #7147, FL #7147, HI #7147, IL #MD-6761112, MD #21762, NC #L-165611, NJ #7147, OR #ML4386, PA #49892, TX #7147,UT #8874117, VA #MC-5962, WA #7147. 2030 Main Street #350, Irvine, CA 92614. For Consumer Complaints please click on the "Consumer Complaints" link for more info.

American Mortgage Group

9350 Waxie Way Suite 200
San Diego, California 92123

Phone: 619-948-2996

Fax: 619-419-2371

NMLS: 399421