Home Loans To Help Make Your Home Your Own

You can picture your perfect home.

And you know exactly how much you can afford. There’s just one problem. That ideal home doesn’t exist. And if it does, it’s too expensive, in the wrong location or not for sale.

But we have good news! A renovation loan, makes it possible for you to buy an affordable house or condo and give it a make over. This financing option is essentially a 2-in-1 loan. In addition to the cost of purchasing a home, it also includes the cost to complete approved renovations.
The renovation can be as simple as cosmetic improvements (paint, carpet, etc.) to energy efficiency (new HVAC or improved insulation) to major projects (room addition, kitchen overhaul, etc.). Here are some examples of things you can do with a renovatiopn loan:
  • Build a second floor
  • Remodeling a bedroom into a master suite
  • Buying new kitchen cabinets and appliances
  • Add a new roof and gutters
  • Update plumbing or electrical systems
  • Modify for accessibility needs
  • Make energy efficiency improvements like new doors and windows
  • Update flooring and fixtures
  • Remove lead-based paint and repain in colors of your choice

- Apr 01, 2019