Homestyle Loans in Timberline neighborhood in Durango, CO

130 Timberline Dr , Durango, CO 81301-6988 is currently not for sale. The 2,800 sq. ft. single-family home is a 4 bed, 2.5 bath property. This home was built in 1981 and last sold on 5/18/2018 for $622,500. View more property details, sales history and Zestimate data on Zillow.

Timberline neighborhood in Durango, Colorado (CO), 81301 detailed profile. Options. X. User-defined colors preset color patterns. discuss Timberline neighborhood (subdivision, block, or community) on our hugely popular Colorado forum. City-Data.com;

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This Single Family Residence is located at 29 Timberline Dr, Durango, CO. The estimated value of this home is currently priced at 466,200.00. 29 Timberline Dr is within the school district Durango School District No. 9-R with nearby schools including Riverview Elementary School, Miller Middle School, and Durango High School.

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If you are buying a home in Durango that needs minor or major upgrades, an FHA 203k Loan is one of many Colorado rehab loan programs that includes funding for home renovation costs in the original loan amount, at the time of purchase.

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What is the HomeStyle renovation loan process? The HomeStyle loan is a Fannie Mae product that allows borrowers to purchase an eligible property that bundles the renovation costs into the mortgage. If investors decide to finance a HomeStyle mortgage, borrowers can expect to see similar guidelines as a conventional loan.

Home value report for 379 Timberline Dr, Durango, CO 81301. View on Homes.com as well as property record details, price history, local schools and refinance offers.

The two major types of renovation loans are the FHA 203(k) loan, insured by the federal housing administration, and the HomeStyle loan, guaranteed by Fannie Mae.

You can use a HomeStyle renovation loan to cover costs of repairs, remodels, renovations or energy-efficient improvements on a primary residence, a second home or an investment property. There are no required improvements or restrictions on the types of repairs allowed or a minimum dollar amount for the repairs.

Homestyle Loans in Yorktowne neighborhood in Denver, CO HomeStyle Renovation (HSR) mortgages are issued by Fannie Mae-approved lenders. Mortgage terms are 15 – 30 years and interest rates can be both fixed and adjustable. loan amounts typically fund between 65% – 95% of a property’s purchase price and renovations. This means that typical down payments range from 5% – 35%.

Suncloud Estates neighborhood in Durango, CO Home Loans Real Estate Market Trends in Durango, CO The median price home price in Durango is $664,950. Right now, there are 710 homes listed for sale in Durango, including 103 condos and 2 foreclosures.