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.