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MakeOverMortgages.Com
So you’ve decided to PURCHASE A HOME TO RENOVATE or RENOVATE YOUR CURRENT HOME.
Congratulations – You’ve found the right place to begin.
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Minor work — major renovations — more square footage — new features — luxury upgrades — etc.
We have the financing options to help you turn that house into your Dream Home.
Common Projects
Whatever the home's need, it adds up to WE CAN DO IT TOGETHER.
Start envisioning your Dream Home!
Common Projects
The Process
If you are intimidated at the thought of renovating a house, don’t be.
The process is easier than you might think.
You’ve already taken the first and most important step – finding the
right team of experts to serve as your guide.
Get Pre-Approved
(Takes 15 Minutes)
Make Wish List
Make Wish List
Select an Experienced Realtor
Meet with HUD Renovation Consultant to Set Budget
Realtor Finds Home
"Diamond in the rough"
Meet with HUD Renovation Consultant to Set Budget
Hud Consultant Develops a Renvoation Plan
HUD Consultant Solicits Contractor Bids
Hud Consultant Develops a Renvoation Plan
HUD Consultant Solicits Contractor Bids
Lender Orders Appraisal and Underwites Loan
Loan Approved
Lender Orders Appraisal and Underwites Loan
Loan Approved
Close Your Loan
(One Closing - Before Renovations Begin)
Home is Renovated
(We’ll be there every step of the way)
Enjoy Living in Your
New Dream Home!
Loan Types
The Loan Options below apply whether PURCHASING A HOME TO RENOVATE or RENOVATING YOUR CURRENT HOME.
FHA 203(K) Standard
This program is designed for larger renovation projects. Almost any renovation can be accomplished with the FHA 203(k) Standard program, from structural repair to home additions. Like the FHA 203(k) Limited program, there are flexible qualifications and only a 3.5% down payment required.
This program is very flexible with regard to renovation project types. If the renovation project adds value to the home, you can likely do it. Above all the typical renovation projects that may come to mind, FNMA Homestyle allows for miscellaneous additions like swimming pools, landscaping, etc. With a down payment requirement of only 5%, this program is also very accessible.
FNMA HomeStyle
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