Renovation
Loans
HomeStyle
- Max loan amount $766,550
- Owner occupant, second homes and investment properties
- Condos, one to four units allowed (manufactured homes not allowed)
- Renovation costs up to 50% of the after improved value
- Incomplete properties when the builder went out of business allowed
- No restrictions on improvements (must be permanently fixed to property and add value)
- Contingency reserve is allowed from out of pocket
FHA 203K
- 3.5% minimum down payment requirement
- Maximum loan amount of $498,257
- Upfront mortgage insurance premiums financed into loan
- Monthly mortgage insurance premium
- Existing homes eligible
- Seller concessions 6%
- Condominiums may be eligible, must be on FHA approved list
- No income limits
- No minimum on renovation costs
- Gifts and DPA’s allowed
You can do any repairs or improvements to the home with a minimum amount of cost of $5,000. There are no limits as to the amount of the rehab costs as long as the total acquisition costs do not exceed the maximum FHA loan limits.
Mortgages Made SIMPLE
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What Our Clients Say
Trusted by Many, Loved by All
Inspire of a lot of complications and my emotions that did get the better of me, Travis and his team still performed and managed to make everything fall together!
Hailey Davidson
Travis is awesome to work with and will go the extra mile to make sure your home buying or refi process run smoothly on his end. Great personality as well which makes everything easier. He is very attentive and if he doesn’t answer his phone right away expect a call back within minutes. Highly recommend his services!!
Craig Golmen
Travis was amazing, we started talking 7 months ago and he told me then we would have a home. He held up to his end. He is very easy to talk to and get ahold of.
Jesse Lafferty
I couldn’t have asked for better folks to work with in getting my home loan. Travis and Victoria were both extremely professional and kept me in the loop on what I needed to do all the way through.
Jared Green
Travis is so top notch! From the first call he has gone above and beyond. Answered every question, email, text; and in a timely fashion. His knowledge and expertise has been tremendous and he is so supportive, professional, and patient. Would definitely recommend him (and will) to everyone who needs a home loan.
Tammi Harrington
Travis was great to work with! He answered all my questions and helped us get to closing quickly! Highly recommend!
