1910 Redmond Ave NE

Renton, WA 98056




3 Beds
1 Bath
Built 1959
1 Stories
6 Spaces
1900 sq ft

Offers being reviewed Wednesday, May 8, 2024.

2.5% Buyer Agent Compensation.

This home located in desirable Renton Highlands will shine with some TLC. We have several programs available that will help renovate this home located on a 1/3 acre lot.

Conventional Renovation Loan:

  • Maximum loan to value is 97% for owner occupied; 90% for second homes and 85% for investment property-purchase or 75% if the investment property is a refinance.
  • Conforming loan limits: $977,500 for King, Pierce and Snohomish County (single family dwelling). NOTE: JUMBO Renovation Loans are available too!
  • 2-4 unit homes available (different loan to values apply) for owner occupied, primary residences only.
  • 1 unit investment property allowed with max LTV of 85%.
  • ADU/DADU's are permitted for owner occupied, primary residences.
  • Licensed contractors and/or subcontractors must be used where licensing is required per state or local regulations for the specific trade or type of renovation that is being completed.
  • Often used for remodel projects and luxury items may be included. Cannot be used for a complete teardown however, One-Time-Close can facilitate this.
  • Allows access to upfront equity based on the after improved value of the home.
  • If repairs/improvements exceed $50,000, then a feasibility study is required.

One-Time-Close Construction Loan:

  • This is a true construction loan that would for a new build of a primary residence from the lot up. A person can already own the land or this can be combined with purchasing the land.
  • Conforming/FHA loan limits: $977,500 for King, Pierce and Snohomish County. VA Loans available. (Jumbo program also available).
  • Eligible property types include 1-unit site-built homes, modular, multi-wide manufactured homes, pre-hab. ADU/DADU permitted WHEN it's part of a 1-unit site-built home.
  • Primary residences and second homes (conventional financing).
  • Builder must be approved with New American Funding.
  • Interest-only payments during construction phase (up to 12 months) which then modifies to a 30-year fixed mortgage.

NOTE: FHA 203(K), VA Renovation Loans and Jumbo One-Time Close loans are also available

Interested in learning more about financing your dream home? Please contact Rhonda Porter.


"Communication was exemplary! She went above and beyond to help make sure this was a successful transaction for all parties involved. Looking forward to many more transactions with Rhonda!"

deanna f

"Process was very smooth and very informative throughout, which I appreciate greatly as I had a ton of questions!"

vincent r

"To begin, we were moving across country with short notice and the seller required a 30-day closing. I haven’t experienced getting a mortgage in over 30-years…OMG it’s changed a lot! I am not even exaggerating when I say that we would not have accomplished this without the exceptional experience that Rhonda brought! After we signed and locked the 2023 high interest rate, days later there was a significant dip in the rates and Rhonda relocked us at the lower rate! What an unexpected gift. I don’t know anyone else who would go out of their way to do that for a client. Not only is she a Pro, but she’s a joy to work with and also guided us through with lots of patience. 5-STARS all the way!"

mark fernandez