What is a Renovation Loan?

A Renovation Loan is perfect for you if you want to upgrade your older home or fixer upper. It typically covers the cost of renovating, remodeling, and installing new plumbing or electrical systems.

What Are the Benefits of a Renovation Loan?

This is a great loan for borrowers who want to increase the value of their homes and save money on future heating and plumbing bills.

How Do I Apply for a Renovation Loan?

There are multiple types of financing you may qualify for. Contact one of our experienced Reno Loan specialists to see what type of financing would be best for your family.

PROGRAM HIGHLIGHTS

  • FHA 203 (k)
  • Fannie Mae HomeStyle® Renovation
  • Limited 203(k) Mortgage (In-House)

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Our easy preapproval process gives you the preliminary answers you need to qualify, so you can borrow the maximum amount you need to purchase your dream home.

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Texas Residents: Consumers wishing to file a complaint against a mortgage company or residential mortgage loan originator licensed in Texas should send a completed complaint form to the Department of Savings and Mortgage Lending (SML): 2601 N. Lamar Blvd., Suite 201, Austin, Texas 78705; Tel: 1-877-276-5550. Information and forms are available on SML's website: sml.texas.gov

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State of Illinois community reinvestment notice - The Department of Financial and Professional Regulation (Department) evaluates our performances in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department.

Arizona Mortgage Banker License # 1004354

Delaware Lender License # 027932

MA Mortgage Broker License MC75597 | MA Mortgage Lender License MC75597

Washington Consumer Loan Company License CL-75597

NQM Funding, LLC (NMLS # 75597) dba - Premier Mortgage Associates; Villa Home Loans