Rehab and Renovation Loans

A rehab loan is a loan that homeowners use to finance the cost and renovation of a home, as a primary residence.

Rehab loans are ideal because they combine the acquisition and rehab financing into a single loan, making it a fast and easy way for a homeowner to finance a home. There is of course more work upfront at the start of a renovation loan, however, it could be a perfect option to make the home your own.

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Mortgage News

Security Breach – How to Tell if You Were Affected by Equifax

Greetings from all of us at the Vermont Mortgage Company! As many of you have probably heard, Equifax was the target of hackers in the past few months. There are reports that sensitive information from over 143 million people were stolen by these cyber criminals....

Why Lenders Care About Large Deposits

Greetings from the Vermont Mortgage Company! Today, we are going to dive into something that can be both good and bad – Sufficient funds for buying a house. Specifically, where said money has come from. As important as it is to have the appropriate funds you also need...

Dropping in Value – What Can Depreciate Your Home

The Vermont Mortgage Company team hopes you are enjoying your week on this fine Friday. As always, we want to show how much we appreciate you. This week, we are showing our appreciation by showing you what can depreciate your home! You may not know it, but there are...