You’ve built equity, now it’s time to make it work for you.
If you love your neighborhood but wish your home had a modern kitchen, an open floor plan, or an updated master bath, you don’t have to move or drain your savings to make it happen.
A HomeStyle Renovation Loan allows you to combine your renovation budget and your mortgage into one loan… so you can finance improvements, upgrades, or repairs while refinancing or purchasing your home.
This simple, single-loan option helps you unlock your home’s potential and increase its value for the future.
What Is a HomeStyle Renovation Loan?
A HomeStyle Renovation Loan (backed by Fannie Mae) lets you finance both your home and your upgrades together, using the “as-completed” value of your home, what it will be worth after improvements, to qualify.
This means your future vision for your home can actually help you qualify today.
Why Homeowners Love This Option
Here’s why so many homeowners are turning to HomeStyle Renovation Loans:
- One loan, one payment. No juggling multiple loans or credit lines.
- Leverage your home’s future value. Qualify based on what your home will be worth after renovations.
- Use your equity strategically. You’re investing in your home, not just spending.
- Wide range of projects. Kitchen and bath remodels, flooring, room additions, landscaping, or energy-efficient upgrades often qualify.
- Flexible payment options. You can even include up to six months of mortgage payments if your home is unlivable during renovations.
Things to Know Before You Start
Every smart financial move comes with details to understand first… and the HomeStyle Renovation Loan is no exception.
Here are a few points to keep in mind, presented in plain English:
- You’ll need solid estimates. Because renovation costs are part of the loan, accurate contractor bids are important.
- There’s a timeline to complete the work. Most renovations need to be finished within 6–12 months, which helps projects stay on track.
- Your lender will look at the full picture. Credit, debt-to-income ratio, and project scope all matter… but you’ll have guidance every step of the way.
- The new payment will include the renovation amount. In most cases, the value you gain from improvements offsets the increase.
Think of these not as obstacles, but as built-in guardrails designed to help your project finish smoothly, on time, and on budget.
Popular Projects That Qualify
HomeStyle Renovation Loans can fund almost any improvement that adds value and becomes a permanent part of the property.
Some popular examples include:
- Kitchen remodels and bathroom upgrades
- Flooring, lighting, or new cabinetry
- Room additions or converting unused spaces
- Energy-efficient windows or HVAC systems
- Roof, siding, or curb-appeal makeovers
- Accessibility and aging-in-place improvements
If you can imagine it, and it adds value to your home, it likely qualifies.
Is It the Right Fit for You?
A HomeStyle Renovation Loan might be a perfect match if you:
- Have built up equity in your home
- Plan to stay in your home for the next few years
- Want to increase comfort, functionality, or long-term resale value
- Prefer a single, streamlined loan versus juggling multiple financing options
It’s a smart way to turn your existing home into your forever home.
See What’s Possible for Your Home
I’d love to show you how much renovation potential is already sitting inside your home’s equity. Together, we can estimate:
- How much equity you currently have
- How much renovation budget that equity could provide
- What your new payment might look like
Ready to explore your options?
You’ve worked hard to build equity… now it’s time to enjoy the results.
A HomeStyle Renovation Loan gives you the flexibility to remodel, refresh, and reimagine your home without leaving it behind.
Take the next step today:
Schedule a call with our team →
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