Renovation Loans

Renovation loans can cover a wide range of projects around the home, from simple repairs and updates to complete remodels or additions. These loans are available to both purchase and renovate a home as well as for refinancing. The loan amount for a renovation loan is based on the “as-completed” value of the home rather than the present value. This factor increases how much homeowners can borrow for their renovation project.

• CONV :: FNMA HomeStyle Renovation
• CONV :: FHLMC CHOICERenovation
• CONV :: FHLMC CHOICEReno eXPress
• FHA :: 203(k) Renovation
• FHA :: 203(k) Limited Renovation
• FHA Repair Escrow
• VA :: Renovation
• USDA :: Renovation
• USDA Repair Escrow

Renovation begins after closing