07 · Programs
Renovation
Roll renovation budget into your loan, with escrow for contractor draws.
Program overview
Eligibility
- —FHA 203k or HomeStyle
- —Approved budget
- —Licensed contractor
Benefits
- —Single closing
- —Mortgage rate for renovation
- —Equity uplift
Ideal Borrower
- —Buyers customizing a fixer-upper.
Frequently Asked Questions
Works for refi?+
Yes, both purchase and refi.