Transform Your Property Into Your Dream Home

Renovation loans make it possible to turn a fixer-upper into the perfect home.

Renovation Loans

Whether planning to update your current home or renovate a new property, these loans offer flexible options tailored to your needs.

Renovation loans are a game-changer for real estate investors in the fix-and-flip market. If you need a cost-effective way to finance a property’s purchase and renovation while maximizing potential returns with a single loan – a renovation loan may be right.

Imagine consolidating your home’s purchase and renovation into one convenient loan. Programs like CHOICERenovation and Homestyle Loans offer this seamless solution, simplifying the process while providing the funds you need to transform any space.

A renovation loan may be right if you need minor cosmetic upgrades or significant structural improvements. For instance, the 203(k) Limited loan is ideal for smaller projects. In contrast, the 203(k) Standard loan covers more extensive, complex renovations, including structural changes, so the 203k Standard loan may be a better option for larger projects. VA Renovation Loans combine the benefits of VA financing with the flexibility to personalize your home.

Perfect for increasing your home value, building equity, and creating a living space tailored to your vision. Whether a minor remodel or a complete overhaul, our loan team is here to help you bring your ideas to reality. The Toenjes Team offers a variety of loans, empowering you to choose the best financing option to complete your home renovation on time.

Advantages of Renovation Loans

Renovation loans provide flexible, cost-effective financing to update or transform properties, whether you’re buying or renovating. These loans simplify the process, helping you maximize value and equity.

Give us a call or use the form below to get started.

Renovation loans offer the tools to create your dream home while increasing property value.

Contact us today to learn how a renovation loan can make your dream project a reality. Apply now and take the first step toward transforming your property into the home or investment you’ve always wanted. Don’t let your dream home remain a dream. Apply for a renovation loan today!

Make your dream a reality. Get pre-qualified for your mortgage.

Get started today by contacting Justin Toenjes or feel free to ask us questions about the loan process.

Appointment

The mortgage lenders with the best solutions

Get started today with the Toenjes Team at Peoples Mortgage by scheduling an appointment.

Work with one of the best loan officers in the Phoenix metropolitan area and experience the most efficient loan process available.

We work hard to find the best loan to fit your personal needs, plus coordinate with you and your Realtor to make the mortgage process as simple as possible.

Frequently Asked Questions

FHA 203(k), HomeStyle, CHOICERenovation, VA, and USDA loans offer financing for home improvements and repairs.

Yes, renovation loans combine home purchase costs with renovation funding into one convenient loan product for either a primary, secondary, or investment purchase.

Each loan type limits renovations to safety, functionality, disaster resilience, or, sometimes, luxury upgrades like pools.

Standard handles major renovations; Streamline covers non-structural repairs under $75,000 with fewer requirements and quicker processing.

Requirements vary by loan but depend on renovation items, general contractor validation, credit score, property type, and income qualifications.

Obtain estimates from a general contractor, secure loan approval, and disburse funds during renovations as work progresses.

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