Renovation Loans
Finance your home purchase and improvements in one loan. Turn a fixer-upper into your dream home.
Renovation Loan Benefits
One Loan Solution
Finance purchase price and renovation costs together.
Based on Future Value
Borrow based on the after-renovation value, not current condition.
More Home Options
Consider fixer-uppers that others overlook.
Lower Down Payment
Put less down than if you bought and renovated separately.
Renovation Loan Options
FHA 203(k)
Government-backed with low down payments. Standard for major renovations, Limited for minor repairs under $35k.
Min. Down: 3.5%
HomeStyle Renovation
Fannie Mae program for conventional buyers. Flexible for luxury upgrades and landscaping.
Min. Down: 3%
VA Renovation
For eligible veterans. Combine VA benefits with renovation financing.
Min. Down: 0%