RENOVATION LOANS

A renovation mortgage is a mortgage that not only covers the cost of the home, but also provides funds that can be used to cover the cost of repairing, restoring, or otherwise improving the home. You can finance both the purchase or refinance along with the renovation of a home through a single mortgage.

ALL RENOVATION LOANS ARE AVAILABLE FOR REFINANCE & PURCHASE TRANSACTIONS.

203K
STANDARD

FHA loan which allows purchase / refinance of home plus all improvements / repairs in a single loan.

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203K
LIMITED

FHA loan which allows purchase / refinance of home plus all improvements / repairs in a single loan (repairs are less than $30,000).

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HOMESTYLE RENOVATION

Fannie Mae loan which allows purchase / refinance of home plus all improvements / repairs in a single loan.

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VA REHABILITATION

VA guaranteed loan program that allows homeowners to purchase / refinance home and fund up to $35,000 in repairs and improvements.

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CONSTRUCTION LOAN

With a Single Close Construction Loan, you can finance both the construction of your new home and the long-term mortgage that will be needed to afford your home once its built.

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