The HomeStyle Renovation loan is a conventional loan product that allows you to buy a home and fix it up, or refinance and remodel your current home. There are no required improvements or restrictions on the types of repairs allowed or a minimum dollar amount for the repairs. Repairs or improvement, however, must be permanently affixed to the real property and add value.

  • Conventional Loan product credit score sensitive
  • 10% minimum down payment
  • You can use gift funds for down payment & closing costs
  • 3% seller contribution allowed
  • Cosmetic and structural renovations allowed
  • Allowable improvements can include landscaping, appliances, swimming pools and more