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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Preapproval in Minutes

Our fast and 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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NP, Inc. (NMLS # 75597) dba - NP Incorporated; Premier Mortgage Associates; Signature Mortgage & Lending; Villa Home Loans; U.S. Mortgage of California; U.S. Mortgage of Nevada; U.S. Mortgage of Wisconsin; NP, Inc.; License No. MB.6761251, James R. Thompson Center, IDFPR-Residential Mortgage Banking, 100 W. Randolph, 9th Floor, Chicago, IL 60601, (844) 768-1713; Complaints – TEXAS: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE COMPANY OR A LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT-OF-POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. nmlsconsumeraccess.org