Yes — HomeStyle® finances purchase and renovations in one conventional loan with rehab escrow and after-improved appraisal.
Buy and Renovate With HomeStyle® | The 2 Mortgage Guys
Yes — HomeStyle® finances purchase and renovations in one conventional loan with rehab escrow and after-improved appraisal.
Can I Use a HomeStyle® Renovation Loan to Buy and Renovate a Home?
How Purchase-and-Renovate Works
Why Buyers Use HomeStyle Instead of Cash + HELOC
What Must Be Ready Before Closing
Purchase HomeStyle vs. Refinance HomeStyle
Keep Exploring
Frequently Asked Questions
Ready to Buy a Fixer-Upper With One Loan?
Yes — purchase-and-renovate is the core HomeStyle use case. One conventional closing covers the acquisition and eligible improvements, with rehab dollars held in escrow and released as work is completed.
Four steps from offer to finished remodel — without a separate construction loan.
Paying cash for a fixer-upper and financing repairs later often means two sets of costs, delayed work, and rate risk. HomeStyle folds eligible renovations into the first mortgage so you start with one payment and a clear draw schedule.
Related guides for purchase-plus-rehab financing.
Bring the listing and a rough remodel list — Ryan & Steve will map HomeStyle purchase financing before you write the offer.
HomeStyle is a registered trademark of Fannie Mae. All loans are subject to credit and property approval. Program guidelines, LTV limits, and pricing are subject to change without notice and may not be available in all areas. This website is not affiliated with or endorsed by Fannie Mae, HUD, or any government agency. Information is for educational purposes only and is not a commitment to lend.
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