Renovation Loan

A renovation loan finances home improvements, allowing buyers to purchase or refinance and renovate a property with a single mortgage, boosting value and enhancing overall appeal.

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What’s a Renovation Loan?

Avoid the drama of listing and selling your home. Forget the hassle of moving and finding a replacement home and instead, renovate your current home with a renovation loan! With different renovation loans to choose from, you can create the home of your dreams without incurring consumer debt, an additional loan, or dipping into your savings!

Renovation Loans Based On Your Goals

Fix & Stay

Consider a cash-out refinance to renovate your current home and create the space you’ve always dreamed of!

Buy & Build

Purchase a new home and renovate it to be the home you were looking for, using a home equity loan to bring your vision to life.

What’s the Minimum Renovation Loan Down Payment?

As low as 3% down payment for purchase

How Do You Qualify for a Renovation Loan?

Must maintain as low as 5% equity for refinance

Credit scores as low as 680 may qualify

Loan limits vary by county*

How Do I Prepare for a Renovation?

Develop scope of work

Establish a budget

Hire a contractor

Close your loan

Renovate

*To learn more about the your county’s Conforming loan limits, please visit: Federal Housing Finance Agency

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Download the free RWM Home Loans Fluid Mobile App today and get started on your journey to homeownership.

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Constant communication of needs and issues. Drafting of key documents in timely way. Friendly interactions and commitment to service.

Noah B.

Good communication, great staff and high level of professionalism.

James G.Company Name

The team was tremendously attentive to our every need and only had our goals and best interests in mind. Would work with them again anytime.

Brian S.Company Name

Everyone on the team was really professional, helpful and dedicated to make the whole process as smooth as possible. Whenever we had a question or concern, we always received a prompt reply.

Andriry K.Company Name

Extremely responsive, website was brilliant, clear list of what we needed and stayed on us until it was complete, knew who to send us to for tax transfer from our previous house. We will definitely refer our friends and family to RWM.

Kirk C.Company Name

The communication on the process and the ability to sign documents electronically was a life saver. The availability and speed of answers were great.

Angelina B.Company Name

You helped me understand all my options, which made me feel more confident in the decision I had to make. You were on top of everything that had to be done and kept things moving in an efficient way.

Julie M.Company Name

The team was easy to work with and willing to answer all of my questions. They even worked with a notary in North Carolina so I didn’t miss my vacation.

Melody T.Company Name

Everything was fully explained from the beginning, and I felt like we worked as a team when we went step by step in our journey of getting financed for our first home.

Ana E.Company Name

Buying a house can be overwhelming but when you have someone you trust it makes it so much easier. We felt assured that we were in good hands and that we would get to the finish line during the escrow process.

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