Financing to Rehab Your Dream Home

Our renovation loans allow you to purchase or refinance and renovate with one loan closing.

Financing to Rehab Your Dream Home

Our renovation loans allow you to purchase or refinance and renovate with one loan closing.

Request Consultation

Request a Free Consultation!

To learn more about home renovation financing.

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You get to choose the upgrades and improvements you'd like to make to your dream home.  Here are some examples of eligible improvements:

Request a Free Consultation!

To learn more about home renovation financing.

What is a Renovation Loan?

Renovation loans such as FHA 203(k) or FannieMae HomeStyle® allow you to finance the purchase or refinance of your primary residence and to repair, improve, or upgrade the home with one loan closing and as little as 3% down.

RENOVATION LOANS MADE EASY

Financing Options to Rehab your Home!

Here are some of the highlights of the programs.

Low Down Payment

Purchase and renovate your home with as little as 3% down. Refinances often don't require any money down.

Buy a Fixer-Upper

Banks traditionally will not lend on a home that needs repairs, making financing more difficult for fixer-upper projects.

Eligible Improvements

Fast Closings

Average closing times are 45 days or less from the application date to the closing table.

Great Support

Not all lenders offer renovation financing.  We understand the nuances of the programs and can guide you to a smooth loan closing.

Flexible Guidelines

203(k) loans follow FHA guidelines, which allow more people to qualify that otherwise wouldn't. Minimum FICO score is only 620.

You get to choose the upgrades and improvements you'd like to make to your dream home.  Here are some examples:

Renovate Your Way

Customize the home to your taste by renovating the bathroom, kitchen, flooring, appliances, exterior, and more.

Request Free Consultation

Request a Free Consultation Today

Find out more information about renovation loans by Bank of England Mortgage.

COMPETITIVE ADVANTAGE

Build Instant Equity.

Buying and renovating a property can give home buyers instant equity. According to real estate website RealtyTrac®, homes that are sold as "distressed" sales have median prices that are 42% lower than non-distressed sales.  For example, a home that would normally sell for $300,000 but needs $35,000 in repairs may only sell for $225,000, which could leave $40,000 in instant equity for the buyer.  The problem is that it can be very difficult to obtain financing for a home in need of major repair.  Renovation loans allow for one mortgage, which is permanent financing at competitive rates.

PRESERVE SAVINGS

Save Money for Other Costs.

Purchasing a home can be expensive.  In order to go to closing, buyers need to bring their down payment, plus pay for closing costs, insurance, inspections, etc.  There are additional expenses that should also be considered, such as moving costs, utilities, new furniture, home furnishings, and more.  If you're considering purchasing a home and doing upgrades, a renovation loan could preserve your savings by financing the purchase and the repairs, improvements or upgrades with one down payment as low as 3%.

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Eligible Improvements

Kitchen and bathroom remodels

Appliance replacements

 Carpets and flooring

Roof replacement or repair

Painting or wall repair

Repairing safety or health issues

Energy efficient improvements

Convert a one-family home into a 2, 3 or 4 unit*

Structural alterations*

Build additions to the home*

*FHA Full 203(k) only

Call Us Today For FREE

877-832-4004

Call Us Today For FREE

877-832-4004

Kitchen and bathroom remodels

Appliance replacements

Carpets and flooring

Roof replacement or repair

Painting or wall repair

Repairing safety or health issues

Energy efficient improvements

Convert a one-family home into a 2, 3 or 4 unit*

Structural alterations*

Build additions to the home*

*FHA Full 203(k) only

COMPETITIVE ADVANTAGE

Request a Free Consultation Today

Find out more information about renovation loans by Bank of England Mortgage.

Click to Call Us!800-555-1212 Click to Call Us!

RENOVATION LOANS MADE EASY

Financing Options to Rehab your Home!

Here are some of the highlights of the programs.

Flexible Guidelines

203(k) loans follow FHA guidelines, which allow more people to qualify that otherwise wouldn't. Minimum FICO score is only 620.

Renovate Your Way

Customize the home to your taste by renovating the bathroom, kitchen, flooring, appliances, exterior, and more.

RENOVATION LOANS MADE EASY

Financing Options to Rehab your Home!

You get to choose the upgrades and improvements you'd like to make to your dream home.  Here are some examples:

Eligible Improvements

What is a Renovation Loan?

Renovation loans such as FHA 203(k) or FannieMae HomeStyle® allow you to finance the purchase or refinance of your primary residence and to repair, improve, or upgrade the home with one loan closing and as little as 3% down.

Click to Call Us!

PRESERVE SAVINGS

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