Home Renovation Loans
At IA Mortgage we offer a wide variety of home renovation loan options including FHA’s popular 203K programs, VA & USDA one-time-close loans, Fannie Mae’s HomeStyle Loan, and a VA Renovation product.
Whether you are looking to purchase a distressed property, a fixer-upper, an older home in need of some repairs, or are looking to update a property for a disabled or elderly owner, we can help you find the right solution for your individual needs.
Call us today for a free consultation – (888) 934-6634
Program Options:
FHA STANDARD 203(k) REHABILITATION LOAN
For homes in need of repairs more than $5000
FHA LIMITED 203(k) REHABILITATION LOAN
For homes in need of repairs totaling up to $35,000
FHA REPAIR ESCROW 203(b) LOAN
For purchasing a home directly from HUD that needs cosmetic repairs not exceeding $10,000
FHA, VA & USDA ONE-TIME CLOSE (OTC)
A loan used to finance the construction, lot purchase and permanent loan for new manufactured, stick-built, and modular homes
FANNIE MAE HOMESTYLE RENOVATION LOAN
A conventional renovation mortgage option with competitive interest rates
VA RENOVATION
The benefits of VA with freedom to include minor repairs and cosmetic repairs.
FIX & FLIP LINES OF CREDIT
For real estate investors. No experience required. Loans from $50K to $2.5 million.
