HomeStyle gets a makeover. Fannie Mae’s HomeStyle mortgage, best-known for allowing borrowers to purchase and renovate property with a single home loan, has gotten a remodel of its own.
If you’re looking to buy a fixer-upper home and renovate it, you might be considering Fannie Mae’s HomeStyle Renovation program. The program, like similar products offered by private lenders and with FHA loans, allow you to include both the costs of buying a home and those needed to renovate it all in one loan product.
Depending on credit score history and other factors, two main types of renovation loans are available; the FHA 203k and Fannie Mae HomeStyle loan. F&B Financial Group also offers a proprietary loan program specifically for primary residence renovation projects. Learn more about each of our loan options and requirements below.
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