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A HomeStyle® Renovation loan can help you realize your ideal home. This product rolls two loans into one – so you can repair, improve or create the house you desire. The Fannie Mae HomeStyle® Renovation Loan is our standard renovation program for conventional loans.
The final loan amount can be as high as $417,000.00 and luxury items such as a pool or spa may be installed.
This HomeStyle renovation loan contains one application, one closing, and one set of fees.
This is also a great loan for current homeowners looking to remodel or upgrade their home. Some popular items have been landscaping, adding a pool or an outdoor living space, updating the AC/Heating units, etc.
Fewer costs by rolling repairs purchase/refinancing expenses into a single loan.