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  • Notifications on newly liquidated properties coming available
  • Ability to bundle multiple properties for discounted portfolio purchases
  • Special offers including deep discounts on bulk property sales

Get Financing to Buy and Improve Foreclosure Properties

Are you in need of financing to buy foreclosure properties? Look no further. Econohomes can provide you with short-term financing designed for foreclosure property investors. With only a 35% down payment required to qualify, investors can preserve their available capital for repairs and rehabilitation of the property.

Short-term Affordable Home Improvement Financing: (Basic overview, terms vary)

  • 35% down
  • No application or credit check
  • 3, 6 and 9 month terms
  • Upfront points can be financed
  • Equal monthly interest and principal payments required
  • For purchases of more than one property with financing cross default provisions are required.

For example, on a $30,000 purchase, you would make a $10,500 down payment and would pay the remaining $19,500, along with interest and points, over a period of up to nine months. During that time, you would make necessary improvements and then either resell the property or refinance with a traditional mortgage and rent it.

Click on this link, Find Properties, to be connected to our storefront.

Our financing is designed for investors, not owner-occupiers. We currently do not offer long-term owner-occupier financing. We also do not offer any financing in the following states: AR, NJ, TN and TX.

For more information, please contact us.