Serving California's Private Money Lending Needs Since 1975

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Rehab Loans

A rehab loan is a specialized loan that is used, as the name implies, to rehabilatate a home or building.  Often times these loans can be insured by a government agency as they are thought of as a good way to rehabilitate neighborhoods, or expand the property tax base in a specific area.  Val-Chris Investments has the experience necessary to broker these loans and get you a quick response or approval for any type of rehab.

Housing and Urban Development (HUD)

One of the most common rehab loan programs is through the HUD, which deals with the National Housing Act of 1978.  To qualify under this Act the individual trying to procure a loan must ensure that they have a qualifying property, come up to par on credit checks, and then meet a few other guidelines

Loan Usage Guidelines

The loan itself can be used for many purposes once approved.  While the name implies that it may only be used for making improvements on the chosen property, it can also be used to buy the property itself.  Due to this fact, the final loan amount can actually be more than the appraised value at the time of the loan acquisition.  Since the property additions are expected to increase the value of the property, this secures the loan in the eyes of a lender.

Contact us for more information about qualifying for a rehab loan program, and starting the application process.