What Is An In-Law Suite Loan?
Many lenders won’t approve your loan if the appraiser can’t find multiple nearby homes with In-Law Suites that have sold in the last 12 months. But, what isn’t possible with some lenders may be possible with us so don’t give up! Buying or refinancing the home of your dreams with an In-Law Suite may be possible with HomePromise.
In-Law Suites aren’t just for the in-laws anymore! They can be a great opportunity to earn extra income from your home by renting them out. You can rent them easily because of their separate kitchen and bathroom. You can also use them for visiting guests or for a family member needing extra care.
But, the appraisal process can be challenging. The VA guidelines allow in-law suite homes but some lenders will struggle with them. Please call HomePromise now at 800-720-0250 to find out more!
I just want to thank you very much for your work to help us refinance our loans. I know you had to do so much work for us and we really appreciate it. If I know anyone who wants to buy a home or refinance I will do my best to refer you to them. Again, thank you very much.
This company out did themselves in my expectations. They were not pushy; they waited on me and kept contact with me even when I wasn’t sure if I was going to be able to refinance. I had a wonderful experience and highly recommend them for your next mortgage needs!
My mother recently had a refinance with HomePromise. The process was easy for her (and I) to follow. The loan representative was very helpful and responsive for the entire process and explained everything. I would definitely recommend this company.
I am a Veteran and they helped me understand the best options with my VA loan. They were great all through the process. I will definitely be telling others about Home Promise.