Renovation Loans
Finance the home—and potentially the improvements that make it yours.
- Renovation financing can help qualified borrowers finance eligible home improvements alongside a home purchase or refinance, depending on the loan program.
- Instead of evaluating a property only as it looks today, certain renovation programs may provide financing based in part on the planned improvements and applicable property requirements.
What Can Renovation Financing Be Used For?
- Depending on the specific program, eligible improvements may include kitchen or bathroom updates, roofing and structural work, flooring, energy-efficiency improvements, accessibility modifications, additions, and other approved renovations.
- The exact improvements allowed vary by loan program.
How Does It Work?
That's why understanding the program before beginning work is important.
Who Might Consider a Renovation Loan?
These programs may appeal to homebuyers considering a property that needs work, homeowners planning substantial improvements, or buyers who see potential in a home that doesn't yet meet their needs.
Found the Right House—but It Needs Some Work?
Talk with us about financing options that may help turn the property into the home you envision.