All Loan Programs
Specialty
Renovation Loans
Buy a fixer-upper and finance both the purchase and renovation in a single loan. FHA 203K and conventional renovation programs available — one closing, one payment, one lender.
1
Loan for Purchase + Renovation
1
Closing (Not Two)
580+
Min. Credit Score (FHA 203K)
$0
Broker Fees
FHA 203K — Limited vs. Standard
203K Limited (Streamline)
- Cosmetic & minor repairs only
- Up to $35,000 in renovation costs
- No structural changes
- Faster & simpler process
- Min. 580 credit score
203K Standard (Full)
- Major structural repairs allowed
- No cap on renovation costs
- HUD consultant required
- Additions & room conversions OK
- Min. 580 credit score
Conventional renovation options
For borrowers who don't want an FHA loan, conventional renovation programs like the Fannie Mae HomeStyle loan offer similar benefits with no upfront MIP and potentially lower MI costs.
ProgramFannie Mae HomeStyle
Min. Credit Score620+
Max RenovationUp to 75% of completed value
Property TypesPrimary, second home, investment
Structural ChangesAllowed
Luxury ImprovementsAllowed (pools, landscaping, etc.)
Buy the home. Build your vision.
We'll help you figure out which renovation loan fits your project — FHA 203K or conventional — and get you pre-approved.
One loan, one closing
FHA & conventional options
$0 broker fees
Licensed in DC, MD & VA
Get Pre-Approved Free
No cost, no obligation. We respond within hours.