The Benefits

AFR is proud to be able to provide a unique set of products tailored to almost any home renovation scenario. The USDA Repair Escrow allows for financing of minor renovation costs to a home that meets property standards or where repairs could not be completed due to inclement weather conditions.

A truly niche product, you can leverage the USDA Repair Escrow to find untapped business opportunities in this changing market. Some of the features of USDA Repair Escrow include:

  • Exterior and interior repair escrows (combined) should be under 10% of the final loan amount
  • Livability of dwelling is not affected
  • Signed contract is in effect for proposed repair work
  • Done within 180 days of closing

Would you like to find out more? Fill out our form to speak with one of our industry specialists regarding this exciting business opportunity.

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