Renovation Home Loans

It would be perfect if it only had an upgraded kitchen…
Don’t Settle For Less Than Your Dream Home. Finance the home and your improvements with only one loan. Want to get started now? Complete our Quick Start Form and we’ll connect you with a loan officer that matches your specific needs. They’ll provide a free consultation and guide you through every step of the loan application process.
Renovation Home Loans
The location is perfect, the layout is just what you’re looking for and the bones are solid, but it needs some work to make it your dream home. Renovation Home Loans from Summit Mortgage can help you buy the home and make improvements with a single, low fixed-rate loan.
One Loan. One Closing.
You can finance your home purchase and the improvements with one loan. That means one transaction. One set of closing costs.
Funds For Countless Improvements
Renovation home loans can be used for a variety of purposes, from structure repairs to something as simple as new floors and a fresh coat of paint.
Multiple Loan Options
With both FHA and Conventional Renovation Home Loans available, you can choose which type of loan best fits your needs. No home equity line needed.
Renovation Funds May Be Used For
- Kitchen or Bathroom Remodel
- New Paint, Flooring, Windows, Doors and Appliances
- Home Theater or Game Room Upgrades
- Structural Repairs
- Significant Landscaping Changes
There are many options for renovation funds. Please contact me to find out which Renovation Loan is right for your specific needs.
Renovation Loan Details
- Finance the home purchase and improvements with a single, fixed-rate loan.
- No home equity line.
- FHA & FNMA Conventional options available.
- Perfect for short sales & foreclosures that need a lot of updates or repairs.
- Repair funds based on a % of the as-completed value of the property.
Categories: FNMA Homestyle, Loan Types, Renovation Loans