Homestyle Renovations

A Conventional Loan That Allows Buyers To Buy And Renovate Their Home With
The Same Loan - This Loan Has Less Restrictions On What Repairs The Buyer Can Do.
This Is for Repairs That Are Structural Or Over $35,000.

• Primary Residence - (1-4 Units) Sellers Concession Allowed:
• Investment Properties Allowed (1 Unit) Owner Occupied:
• Second Homes Allowed (1 Unit) • 3% - 90.01% LTV
• Luxury Items Allowed • 6% - 75.01-90% LTV
• Example: Swimming Pools • 9% - 75% or less LTV
• Max Renovation Costs (including any financed Non-Owner Occupied: 2%
PITI) up to 50% Completed Value LTV Limits:
• Structural Improvements Permitted • 1 Unit 95%
• 5 Draw Maximum • 2 Unit 85%
• 6 Months to Complete the work • 3-4 Unit 75%
• Up To 6 Months of PITI Can Be Financed • 2nd Home 90%
• Investment 85%