HOME-STYLERENOVATION LOAN
TURN YOUR HOUSE INTO A HOME
Don't Miss Out on Your Dream Home
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Turn that "fixer-upper" into your dream home with the Fannie Mae HomeStyle® Renovation mortgage! This innovative program lets you combine the purchase or refinance of your home with the renovation costs you need, all wrapped up in a single convenient loan.
Here's what makes it so great:
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All-in-One Financing: No need for separate loans! Cover both your home purchase/refinance and renovation costs with one mortgage, simplifying the process and potentially saving on closing fees.
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Smart Savings & Security: Renovation funds are held securely in an interest-earning escrow account until work is completed. Any leftover funds are then applied to your mortgage, reducing your loan amount and potentially saving you money on interest.
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Peace of Mind Throughout Your Project: Finance key soft costs like permits and architectural fees for a smoother renovation process. Plus, we only work with licensed builders for your added security.
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Flexibility for Every Project: Lock in your rate at any time during the loan process, and draw renovation funds at your pace – there's no set schedule! This program is also available for existing homeowners looking to upgrade their current space.
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Ready to create your dream home? Contact us today and see how easy it is to renovate your way to a whole new home with the Fannie Mae HomeStyle® Renovation Mortgage!