Loan Options

Renovation Loans

Roll renovation costs into the purchase of your new home or refinance to make upgrades to your existing one. With MakeOver Mortgage, you imagine the possibilities, we’ll fund your vision.

  • Qualify based on completed value of property after improvements
  • Finance a large percentage of your home's new value
  • Enjoy affordable fixed rate financing

What type of Renovation Loan is right for me?

If you are considering improvements to your existing home, the answer depends on the scope of the project. If you have a lot of equity, a cash-out refi is a good choice. If your equity is limited, our Makeover Mortgage may be the right loan for you. If the improvements are minor in nature, you may want to consider a home equity line-of-credit.

If you are currently shopping for a home and would like to ensure your vision comes to life, consider broadening your search to include less-than-perfect homes knowing you can utilize a Makeover Mortgage to create the perfect one.

What type of home improvements can be financed into a new renovation loan?

Renovation Loans are ideal for major improvements to a home and not so much for small things like a new coat of paint. You want to make sure that the improvements will add value to your home. Think upgraded bathrooms and kitchens and stay away from a bowling alley in your basement.

Can improvements be financed into a new mortgage when the home is purchased?

Our Makeover Mortgage provides clients the opportunity to finance improvements within their new mortgage when they close on their home. This is a great way to pay for improvements upfront without having to deplete your cash reserves or obtain an equity line of credit after closing.