Renovation Lending

 

 

FHA 203(K) Renovation Loan

  • Purchase or Refinance available
  • Appraised Value is based on after completion, so you build instant equity
  • First Time Homebuyers can get all new appliances (free standing refrigerators, dishwashers, ovens, washer & dryer)
  • Raise a home and major demo allowed
  • Room additions, decks, covered patios
  • Manufactured and permanent foundations included

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Fannie Mae HomeStyle Renovation Loan

  • Purchase or Refinance available
  • Appraised Value is based on after completion, so you build instant equity
  • First Time Homebuyers can get all new appliances (free-standing refrigerators, dishwashers, ovens, washer & dryer)
  • Landscaping, swimming pools, patio decks allowed
  • Eligible properties include:
    • 1-4 unit primary residence
    • Manufactured homes
    • 1-unit second homes
    • 1-unit investment property
    • Units located in PUDs, condominiums, cooperatives (if permitted), or leasehold estates

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Freddie Mac Choice Renovation

  • Purchase or Refinance available
  • Appraised Value is based on after completion, so you build instant equity
  • First Time Homebuyers can get all new appliances (free-standing refrigerators, dishwashers, ovens, washer & dryer)
  • Landscaping, swimming pools, patio decks allowed
  • Eligible properties include:
    • 1-4 unit primary residence
    • Manufactured homes
    • 1-unit second homes
    • 1-unit investment property
    • Units located in PUDs, condominiums, cooperatives (if permitted), or leasehold estates

Learn More  Apply Now

 

 

 

VA Renovation Loan

  • Purchase or Refinance combined with Cash-Out allowed
  • Appraised Value is based on after completion, so you build instant equity
  • Additions for Handicap accessibility
    • Wheelchair access ramps
    • Expand and widen showers
    • Lower countertops
    • Build a Handicap-accessible bathroom
  • First Time Homebuyers can include all major free-standing appliances

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Construction to Permanent

  • Ground Up/New Construction – Build and finance the newly-built home in one mortgage loan
  • Low down payment options available
  • Primary and secondary purchases
  • Modular and manufactured homes are eligible
  • ONE closing and only ONE set of closing costs!

 

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