Renovation loans — buy the potential, build the home.

Why Renovation

Turn 'almost right' into exactly right

A renovation loan lets you finance a home's purchase price and the cost of fixing it up in one loan, based on the home's value after the improvements. It's the answer for the house in the right neighborhood that needs a new kitchen — or the one nobody else can see the potential in.

• Finance purchase + renovations together, in one loan and one closing.
• Borrow against the home's after-improved value, not just today's condition.
• One monthly payment — no separate high-interest construction financing.
• Options ranging from cosmetic updates to major structural work.
• Also available to current homeowners refinancing to renovate.

How renovation loans work

Instead of lending on what the home is worth today, a renovation loan lends based on its projected value once the planned work is done. Approved funds are held and released as the project progresses, so you're financing the finished home from day one.

What you can do with it

From kitchens and bathrooms to roofing, additions, and essential repairs, renovation loans cover a wide range of improvements. Mindy will match you to the right program for the scope you have in mind and walk you through the contractor requirements.