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Renovation Loans

In the present market, sometimes finding a home in need of a little TLC may be the only way to find a home within budget.

Here’s how a Renovation loan can help

  • Remodel a kitchen or bath.
  • Add a family room or extra bedroom.
  • Make needed electrical or plumbing repairs.
  • Replace a leaky roof.
  • Make energy or conservation or improvements.
  • Repair a decaying foundation.
  • Move a home to another site and remodel it.
  • Convert a one-family home into a two-family home.
  • Improve handicap access.

Eligible Properties

  • One to four unit family dwellings.
  • Owner occupied
  • Loan Amounts up to $636,150
  • As low as 3.5% down payment
  • Property or foundation must have been in existence for at least one year.

Some restrictions may apply. Programs subject to change without notice. All borrowers subject to credit approval.

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