RENOVATION LOANS
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Home Renovation Loans
We realize that relying on cash savings to make improvements to your home can feel daunting. You have to consider supply costs, contractors, and many other factors affecting project budget. Whether your home needs revamping for practical or aesthetic reasons, making updates and improvements will not only add to the overall value, it will help you maintain a safe, healthy environment for years to come.
Our Renovation Loans are designed around the value of your home, taking into consideration the increased value of the property after the renovation is complete. For those looking to purchase a home, renovation loans can allow borrowers to take funds based on the estimated value of the property after the renovation has been done.
Benefits of Renovation Loans
Renovation loans are available for both purchase and refinancing, and are a great option for those considering a foreclosure, fixer-upper, or homeowners who wish to remodel their current home.
First Integrity Mortgage Services Inc. Renovation Loan Financing Options
- FHA 203 (k).
- Homestyle.
- Jumbo Renovation Loan.
- Design Plus.
Highlights
- Avoid draining your savings to make home upgrades.
- Build equity faster by increasing your home’s current value.
- One monthly mortgage payment with rolling the cost of renovation into a single loan.
How to Apply for a Renovation Loan
To determine the renovation loan program that’s right for your project — our Loan Officers will meet with you to answer questions and identify any benefits or assistance you may qualify for based on your credit and needs.
Ready to purchase, refinance, or renovate? To apply or learn more info, contact us at 314-878-7900 or apply online today.
