Let us help you renovate that new home you are looking to purchase or the one you already own!  Purchase your new home and wrap in the renovation costs at the same time, repairs are completed after closing!  Already own your home, you can refinance and wrap in the repairs!  Contact us at 810.373.2150 with any questions or click here to submit an application to get started.

We have many different renovation loan options to choose from with minimum down payments ranging from 0% to 5%.

Typical home purchase with renovation

  • Get pre-qualified for your renovation loan.
  • Your Realtor finds you a home that is in need of some updating (less competition!).
  • Get an accepted offer.
  • Have a home inspection.
  • Obtain a quote from a licensed contractor.
  • Complete the loan process and close (expect 45 to 75 days total).  Renovation loans take longer than normal due to additional parties involved, but well worth it!
  • Repair money held in escrow.  Typically 50% of money for repairs is released at closing to your contractor and remaining when repairs are completed.
  • Final inspection by appraiser after all repairs are complete.
  • Enjoy your newly renovated home!