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Finance Your Home Remodeling Project with Ease
Conventional Renovation Loans
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Covers Cosmetic Upgrades on Primary/Secondary Residences & Investment Properties
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Low Down payment Options (typically 3-5%)
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FICO Credit Minimum 640
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Fixed Interest Rate Options
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Mortgage Insurance Not Required Once 20% Income Equity Reached​
FHA 203k Renovations
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Ideal for significant repairs and upgrades, including structural work (e.g., foundation repair, adding a room).
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Fixed Interest Rate Options
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Must meet FHA Minimum Property Standards (MPR)
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Project Size: $5,000-$65,000
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Typically Lower Downpayment than Conventional Reno Loan
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Limited to Primary Residences
Home Equity Line of Credit (HELOC) Renovation
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Best for Properties with Significatne Equity
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Flexible, providing revolving line of credit using existing equity
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No Draw requirements or Cash Out Restrictions,
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No Mortgage Insurance Required
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Variable Interest Rates​
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