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Borrow Against Your Home’s Upgraded Value

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Renovation Loans at a Glance

Renovation Loans are a great option to turn a home into your DREAM HOME, without using high interest credit cards or cash on hand. Purchase or Refinance based on the “as completed,” future appraised value of the property.  Close your loan first, then use the funds to complete your upgrades!  Eligibility requirements include:

  • Minimum 620 credit score
  • Finance up to 97% of the future value
  • Up to 50% Debt-to-Income ratio
  • Begin construction in 30-45 days

Our Mortgage Consultants are here to help.  Schedule a time to talk today.

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How does it work?


A renovation loan is a mortgage secured by your primary residence, second home, or investment property. The amount is based on the “as completed” value of your home.

That means your lender will underwrite the loan based on how much your home will be worth after you’ve completed renovations.

Other financing options, such as personal loans, home equity loans, or cash-out refinances, are based on the current value, which limits the amount equity available to tap into.



It’s a single-closing transaction, meaning you don’t have to complete a second transaction after renovations are complete.

Lender manages the renovation process, so you don’t have to deal with the headache of managing contractors, invoicing, and payments.

Qualifying renovations include repair, upgrade, or add permanent structures and fixtures such as, but not limited to, additional units, hardscaping, pools, major appliances, and remodels.

Flexible terms include fixed and adjustable rate options and 10 to 30 year terms.

We’re here to help. So if you’re not sure if this type of loan is right for you, call us at (888) 273-8734 or schedule a free consultation.


READY TO PROCEED? Get your custom quote or begin your loan application now.