Fix up your fixer-upper home with a Renovation Loan.

If you have found the perfect home but it needs renovation, you can purchase the home and roll the costs of the renovation into your loan.

• An FHA 203(k) Loan, also called a Renovation Loan, allows buyers to finance the cost of the home and the renovation in one mortgage with a low rate.
• The VA also offers a similar option for military and veterans to purchase a home and finance the required renovations to bring it up to standards set by the VA.

Renovation loans have similar qualification requirements to a standard FHA or VA loan, with additional documentation needed related to the renovation.

Have questions? Give us a call! One of our mortgage specialists would be happy to answer all of your questions.