HomeStyle Renovation Loan Program – Houston Mortgage

House HomeStyle RepairHouston Mortgage understands how time-consuming and frustrating it can be for potential homebuyers to find the right financing for their future home, especially if the home is in need of repair. Here, you can learn more about an affordable option to renovate or improve your home. The HomeStyle Renovation Loan Program provides value efficiency, saving the potential homebuyer time and money.

 

Houston HomeStyle Renovation

With the HomeStyle Renovation Loan Program, eligible borrowers can conveniently make the necessary renovations or repairs on their home. Essentially, the program combines the home purchase or refinance and the home improvement financing together in one, single loan with one closing. Lastly, the HomeStyle Renovation Loan Program provides Streamlined documentation.

 

Eligible Properties include:

    • Single Family Homes (up to 4 units)

 

    • Multi Family Homes (up to 4 units)

 

    • Condos (up to 4 units)

*Primary, second home and investment are all eligible

 

Repair Limit

  • Qualified borrowers can make renovations, repairs, or improvements that total up to 50% of the “as-completed” appraised value of the property – that’s up to $150,000!

 

Eligible Repairs and/or Improvements include:

    • Any repair that adds value to the property and are permanent – this includes structural repairs

*Ask a Houston Mortgage expert for more details.
If you have any additional questions about this loan program or any other Houston renovation home loan program, please call (512) 797-5580 or fill out the form on the right.

Have a Question? Get Answers!
Ask a question. Our expert mortgage team will post an answer ASAP.

Houston Mortgage Blog | First-Time Homebuyer Houston Mortgage | Privacy & Legal
City of Houston - Housing Resource Center | Texas Department of Housing & Community Affairs

CORPORATE NEW AMERICAN FUNDING OFFICE (800) 450-2010 Ext.6528
© 2018 Team Candy Powered By New American Funding. All Rights Reserved.
Corporate Office: 14511 Myford Road, Suite 100, Tustin, CA 92780.
Candy Buzan Office: 11001 Lakeline Boulevard #325 Austin, Texas 78717

We at New American Funding take great pride in our customer service and make it our number one priority. We encourage you to contact us for complaint resolution or any post-closing questions you may have regarding the servicing of your loan. We strive to have your experience with New American Funding a stellar one. In the rare case that our service did not meet your expectations, please call our customer care hotline at 1-800-450-2010, ext. 7100 or you may contact us by email at customerservice@nafinc.com. Please leave a detailed message and we will follow up with you no later than the end of the next business day.
Texas Department of Savings and Mortgage Lending.

NMLS ID#6606 | State Licensing | Advertising Disclosures | Privacy Policy | Terms of Use | Electronic Consent Agreement | NMLS Consumer Access