Updated over 4 years ago on . Most recent reply
Best Bank for Renovation Loan
Hi BiggerPockets!
I'm about to buy a house in the Catskills, NY and need to find a good 15-y renovation loan. I haven't found many large banks offering that type of loan. TD Bank offers 30-y loans only and Homestead (local lender) doesn't offer very attractive rates for a 15-y loan (3.25% interest rate / 3.47% APR). Has anyone applied for this type of loan recently? Thanks in advance for your guidance.
Best,
Jerome



