Whether you’re purchasing a home in need of repairs or looking to renovate your current property, renovation loan programs provide a convenient way to finance both the home and its improvements in a single mortgage. These loans offer flexibility for minor updates or major structural renovations, making them an excellent option for homeowners and buyers who want to customize their space without taking on multiple loans.

There are several renovation loan options available, each designed to meet different needs. FHA 203(k) loans, backed by the federal government, are a popular choice for buyers and homeowners looking to finance renovations with a low down payment. Fannie Mae’s HomeStyle® and Freddie Mac’s CHOICERenovation® loans provide conventional financing for a wide range of renovation projects, including luxury upgrades and energy-efficient improvements. For those affected by natural disasters, the FHA 203(h) loan offers assistance in rebuilding or purchasing a new home.

Not sure which renovation loan is right for you? We’re here to help. Our team will guide you through your options, ensuring you find the best financing solution to turn your vision into reality. Start by exploring your loan options today!