PURCHASING A HOME or RENOVATING YOUR CURRENT HOME, it doesn’t matter.
Our Renovation Loan Programs apply.
Every renovation project is as unique as you. Fortunately, one or more of the loan types below will work for your individual renovation project.
FHA 203(k) Limited
This program is design for small renovation projects. If the house needs $35,000 in renovations or less, this may the right choice for you. With a down payment requirement of only 3.5% and flexible credit qualification, this program is very accessible.
LEARN MORE ABOUT FHA 203(k) LIMITED PROGRAM
FHA 203(k) Standard
This program is designed for larger renovation projects. Almost any renovation can be accomplished with the FHA 203(k) Standard program, from structural repair to home additions. Like the FHA 203(k) Limited program, there are flexible qualifications and only a 3.5% down payment required.
LEARN MORE ABOUT FHA 203(k) STANDARD PROGRAM
FNMA Homestyle
This program is very flexible with regard to renovation project types. If the renovation project adds value to the home, you can likely do it. Above all the typical renovation projects that may come to mind, FNMA Homestyle allows for miscellaneous additions like swimming pools, landscaping, etc. With a down payment requirement of only 5%, this program is also very accessible.
LEARN MORE ABOUT FNMA HOMESTYLE PROGRAM