Freddie Debuts Remodeling Loan for Fixer-Upper Buyers

Freddie Mac says its new mortgage product is to help home buyers finance or refinance fixer-uppers. Eligible buyers will be able to finance the purchase of their home and the cost of renovations into a single-close mortgage. ‚ÄúResearch indicates a large number of older homes need repair and renovation, either to meet the needs of …

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