Скачать или смотреть Purchase Price vs. Total Acquisition: The Renovation Loan Shift Most Buyers Miss

Renovation Loan Pre-Approval: Understanding Total Acquisition Cost
Most buyers think mortgage pre-approval comes down to one number: the purchase price. While that is usually true for traditional loans, renovation financing works differently.

In this video, we break down the critical difference between purchase price and total acquisition cost. Understanding this shift completely changes how you evaluate a home and determines your true buying power.

What You Will Learn
The Underwriting Shift: Why renovation loans are underwritten around the entire project, not just the current price of the house.

The Three Pillars: How the purchase price, renovation budget, and required reserves work together to form your loan.

Risk vs. Budget: Why a higher renovation budget doesn't automatically mean higher risk for the lender or the borrower.

Focusing on the Future: How shifting your focus to the finished home—rather than today’s condition—leads to better financial decisions.

The Big Picture
If renovation financing has ever felt complicated or intimidating, this video is designed to simplify the framework. By focusing on the "total acquisition," you can move away from the limitations of a traditional mortgage mindset and see the true potential of a fixer-upper.

The Renovation Loan Roadmap
This is the first step in our renovation loan roadmap, designed to help buyers, agents, and professionals make smarter, more confident decisions before offers are ever written.

Up Next: In the next lesson, we’ll cover how the scope of work is defined and why the right renovation team can make or break the process.

Clarity first. Confidence later.