Fix Up Your Home with a Rehab Loan

Found the perfect home but it needs repairs or updates? A Rehab Loan lets you purchase the property and finance the renovation costs in one mortgage, saving you time and money.

The FHA 203(k) Renovation Loan allows buyers to combine the purchase price and renovation expenses into one affordable loan.

For veterans and active-duty service members, the VA Renovation Loan offers a similar option to finance repairs needed to meet VA property standards.

Rehab loans typically follow the same income, credit, and debt-to-income requirements as FHA or VA loans, but you’ll also need to provide a detailed renovation plan, contractor bids, and project timeline for approval.

Have questions? Call us today — our mortgage specialists are ready to guide you through the process.