The possibilities of what you can fix, repair or create with a renovation loan are endless but here are some examples of what our clients have used renovation financing for:
- Replacement of Roof, Siding, Windows, Gutters
- Add or expand Bedrooms, Bathrooms, Kitchens, Garages, etc.
- Major Landscaping or Site Improvements
- Enhancing accessibility for disabled person
- Improvements for Aging in Place
- Finish Basements, Decks or Patios
- Increasing or decreasing the number of units a property has
- Adding or repairing a pool or hot tub
You can use renovation financing for the
- Purchase and renovation of an existing home
- Construction of a new home. (technically, this is a Construction Loan)
- Renovation of a home you already own.