Embarking on a home renovation project can be a thrilling adventure. It's an opportunity to transform a space into your personal sanctuary. Understanding this, we proudly offer two robust financing options to bring your vision to life: the FHA 203(k) Renovation Loan and the FNMA HomeStyle® Renovation Loan. Each is designed with unique features to cater to diverse renovation needs and preferences.

FHA 203(k) Renovation Loan: A Flexible and Inclusive Approach

The FHA 203(k) Renovation Loan is ideal for buyers and homeowners looking for a government-backed solution to finance both the purchase of a home and the cost of its renovation, or just the renovation costs of their current home.

KEY FEATURES:

Comprehensive Coverage: Finance a wide range of renovation projects, from structural alterations to aesthetic improvements.
Lower Down Payment: With FHA backing, enjoy lower down payments compared to conventional loan options.
Inclusive Credit Criteria: Accessible to individuals with lower credit scores, ensuring wider eligibility.
Streamlined Option Available: For less extensive renovations, consider the FHA 203(k) Streamlined Loan for a simpler process.

FNMA HomeStyle® Renovation Loan: Versatility Meets Convenience

The FNMA HomeStyle® Renovation Loan is a conventional loan option that allows you to finance both the purchase of a home and its renovation costs, or fund just the renovation of your current property, with one loan.

KEY FEATURES:

Broad Scope of Work: Eligible renovations include not only structural and cosmetic work but also landscaping and luxury upgrades.
Investor-Friendly: Available not just to homeowners but also to investors looking to renovate rental properties.
Higher Loan Limits: Leverage higher loan limits for more extensive renovation projects.
Cost-Effective: Potentially lower interest rates compared to other financing options, making it a cost-effective choice.

Embark on Your Renovation Journey

Whether you're drawn to the inclusive and flexible nature of the FHA 203(k) Renovation Loan or the versatility and breadth of the FNMA HomeStyle® Renovation Loan, we're here to guide you through the process. Our team at [Your Company Name] is committed to understanding your vision, advising you on the best financing route, and supporting you from your initial application to the final reveal of your renovated space.

Ready to transform your property? Apply now and let us help you turn your house into the home of your dreams with the perfect renovation loan.

Cornerstone First Mortgage, LLC

www.cfmtg.com

NMLS ID #173855

Disclaimer: All loans subject to qualifying factors. Not all applications will qualify.

This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.

Licensed for Residential In: GA, TX ,NC, NMLS # 2125721 | NMLS ID 173855| AZMB #0944059

Corporate Address : 2655 Camino Del Rio N. Suite 100; San Diego, CA 92108