Eligible property types include single-family homes, modular homes, manufactured homes (for primary and second homes), and eligible 2–4 unit investment properties. The program is available for primary residences, second homes, and investment properties.
The Luminate Bank Interim Renovation Loan supports a practical range of residential property types while covering primary, second-home, and investment occupancy. That combination is what makes the product useful for both homeowners renovating in place and investors running large rehabs or flips.
Before you write an offer or schedule a contractor, confirm the property type, occupancy, and renovation scope meet matrix guidelines — especially for manufactured homes and multi-unit investments, which often need earlier underwriting review.
Ryan and Steve help you clear property eligibility alongside credit, LTV, and draw logistics so you do not discover a deal-breaker mid-underwriting.
Confirm the structure type early — especially manufactured and multi-unit deals.
Standard 1-unit residential properties are a core eligible type for purchase, refinance, renovation, and fix-and-flip transactions.
Modular construction can qualify when the property meets program and underwriting standards.
Manufactured homes may be eligible for primary and second-home occupancy when title, foundation, and guideline requirements are met.
Eligible 2–4 unit investment properties can be financed when they satisfy property and investor underwriting guidelines.
| Occupancy | Status | Typical LTV notes |
|---|---|---|
| Primary residence | Eligible | Highest purchase LTV tiers (up to 90% conforming) |
| Second home | Eligible | Up to 90% conforming purchase; 80% up to $1.5M |
| Investment property | Eligible | Typically up to 75% up to $1.5M |
Related Luminate Bank Interim Renovation Loan guides and renovation programs to compare before you apply.
Renovation/Fix & Flip is an eligible use for investor projects.
Investment property eligibility, LTV, and underwriting for investor borrowers.
Structural, non-structural, pools, remediation, and more.
Tear-down and rebuild projects allowed under this interim program.
Full program overview, LTV grids, draw schedule, and best uses.
Compare interim construction with permanent renovation programs.
Eligible property types include single-family homes, modular homes, manufactured homes (for primary and second homes), and eligible 2–4 unit investment properties. The program is available for primary residences, second homes, and investment properties.
Manufactured homes may be eligible for primary and second homes when they meet program guidelines. Confirm title, foundation, and property standards early with Ryan and Steve.
Eligible 2–4 unit investment properties can qualify when underwriting and property guidelines are met.
Yes — and all three common occupancies are supported: primary residence, second home, and investment property, each with its own LTV caps.
Ryan & Steve will confirm property type, occupancy, and renovation scope against Luminate Bank Interim Renovation Loan guidelines.
All loans are subject to credit and property approval. Luminate Bank Interim Renovation Loan program guidelines, LTV limits, loan amounts, and pricing are subject to change without notice and may not be available in all areas. This is not an offer to enter into an agreement. Information is for educational purposes only and is not a commitment to lend.