Homestyle Loan: What is a Homestyle Mortgage & Who is it Right For?
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Fabulous Homestyle cooking is the order of the day at Beca's Kitchen,
whose genial proprietor, Beca, delights in chatting with customers.
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A Homestyle loan is a government-backed,
permanent mortgage that can be used to purchase and renovate an owner-occupied primary residence between 1- 4 units.
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Also called Homestyle Renovation(HSR) mortgages, Homestyle loans can also be used
by real estate investors to purchase and renovate a 1-unit second home or investment property.