Renovation loans from The 2 Mortgage Guys. Finance purchase and repairs with FHA 203(k), HomeStyle, and other rehab options at Luminate Bank.
Finance your home purchase and improvements in one loan. Perfect for fixer-uppers and dream home transformations.
Conventional purchase-plus-rehab for primary, second home, or investment — pools allowed, 15-month completion, DU only
Conventional rehab for primary, second home, or investment — pools allowed, LPA Accept underwriting, and up to 97% LTV with eligible Home Possible.
Short-term interest-only construction financing for major renovations and fix-and-flip before permanent financing or sale.
Primary-residence rehab with as little as 3.5% down — buy and renovate a fixer-upper with one FHA loan. Full Standard for major work or Limited Streamline for cosmetic updates up to $75,000.
Primary-residence rehab with as little as 3% down — HomeReady income-eligible buyers who want HomeStyle renovation in one conventional loan.
Primary-residence rehab with as little as 3% down — Home Possible income-eligible buyers who want Freddie Mac CHOICERenovation® in one conventional loan.
Side-by-side comparison of all six renovation programs — see minimum loan amount ($100,000), renovation cost limits, consultant requirements, max draws, minimum credit scores, down payment, occupancy, and what each loan is built for before you estimate your payment.
Guidelines vary by credit, property, and underwriting. Hover or tap each feature name for a short definition — and ARV / MH in Max. Renovation Costs for those abbreviations.
Estimate your total loan amount and monthly payment for a home purchase plus renovation project.
$ down
Estimated Monthly Payment
This calculator is for informational purposes only. Results are estimates and are not exact — they do not include all closing costs, prepaid interest, or escrow deposits. Contact us for a personalized quote.
Mortgage Knowledge Center
Straight answers on how renovation financing works, which properties qualify, what repairs you can roll into the mortgage, when you can start renovating, which improvements are allowed, luxury upgrades, contractor approval, DIY limits, FHA 203(k), HomeStyle, additions, roof replacement, HVAC, kitchens, and bathrooms.
Ryan Minick & Steve DeLon at
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The 2 Mortgage Guys
Ryan Minick & Steve DeLon
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Ryan Minick NMLS#
[email protected] | (765) 450-8933
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Branch Managers and Senior Loan Officers at Luminate Bank
Email:
Phone: (765) 450-8933
Ryan Minick: NMLS# 203249
Steve DeLon: NMLS# 202876
Luminate Bank: NMLS# 1281698
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