Renovation Home Loans

Your Trusted Renovation Mortgage Lender

Renovate Your Dream Today...

No Credit Impact Mortgage Review

Renovation Home Mortgages

Welcome to Capital Home Mortgage! We provide homebuyers and homeowners with the latest Renovation Home Loans while offering competitive rates and exceptional service. Whether you are looking for a Fannie Mae HomeStyle, Freddie Mac ChoiceReno, FHA 203K, VA Renovation, USDA Renovation, or a Native American Renovation we can help. As Renovation Mortgage Lender we understand that renovating a home is an important decision and full of unknowns. This is why Capital Home Mortgage provides dedicated renovation specialists to walk you through the entire process from budgeting to selection of the right Renovation Home Loan program and ending with an on-time closing.

Capital Home Mortgage manages the entire lending process. Our in-house processing and underwriting enables for quick, common sense approvals and timely closings. As a direct lender we have complete control over everything from the application to the funding to final construction draw.

Call today (800) 804-5181 to talk to one of our Renovation Loan Officers.

Renovation Mortgage Rates

Renovation Home Loans

Capital Home Mortgage offers a complete line of home renovation mortgage programs to help all homebuyers make that the older house into a perfect home. Call today to speak with a Renovation Specialist about a Fannie Mae HomeStyle Home Loan, Freddie Mac Choice Home Loan, FHA 203K Home Loans, USDA Renovation Home Loan, VA Renovation Home Loan, or a Native American Renovation Home Loan. Making your dream home come true might just be updating that older home.

Fannie Mae HomeStyle Home Mortgages

Homestyle Home Loans

95% LTV Primary Residence
97% LTV 1st Time Buyer Single Family
85% LTV on 1 Unit Investment
90% LTV on Second Home
Purchase & Refinance
As Completed Values
Maximum Loan Amount – $832,500
High Balance (Varies By County)

Fannie Mae Homestyle Reno is a program that allows a homeowner multiple renovations options… from a simple luxury addition, to small cosmetic updates to a full rehabilitations.

Freddie Mac Choice Home Mortgages

Choice Reno Home Loans

95% LTV Primary Residence
97% LTV 1st Time Buyer Single Family
85% LTV on 1 Unit Investment
90% LTV on Second Home
Minimum Credit Score 620
Luxury Renovations are Eligible
Maximum Loan Amount – $806,500
High Balance (Varies By County)

Freddie Mac Choice Reno is a great alternative to a new home purchase. It allows for a buyer to renovate a home as part of purchase or refinance bringing it back to life.

FHA 203K Home Mortgages

FHA 203K Home Loans

Purchase & Refinance Options
Primary Residence Only
1 to 4 Unit, Manu Homes, Condos
After Repair Value, Rehab Costs & Fees
203K Streamline < 75K, Cosmetic Only
203K Full > 75K, No Restrictions

FHA 203K is a great option for making updates to an older home. FHA buyers can do cosmetic updates to 75K as a streamline home loan, but does allow more significant renovations using the 203K full. The 203K can be used as part of purchase or refinance. Make that old home new with a 203K renovation.

VA Renovation Home Mortgages

VA Renovation Home Loans

Purchase & Refinance Options
Primary Residence Only
1 to 4 Unit, Manu Homes, Condos
After Repair Value – Rehab Costs & Fees
Cosmetic Only, No Structural Repairs
Maximum Renovation of 100K

VA is a great option for makes minor changes to an older home. VA allows a Veteran borrower to update cosmetics of a home as part of purchase or refinance. Make that older home new again with a VA Renovation Home Loan.

USDA Renovation Home Mortgages

USDA Renovation Home Loans

Purchase & Refinance Options
Primary Residence Only
Single Family Residences and Manufactured Homes
Afer Repair Value, Rehab Costs & Fees
Streamline < 35K, Cosmetic Only
Full > 35K, No Restrictions

A USDA Renovation home Loan is a great option for making repairs to an older home. USDA offers both a Limited renovation loan for minor cosmetics, as well as, a full renovation option to accomodate move extensions updates or mandatory repairs.

Native American Renovation Home Mortgages

HUD 184 Renovation Home Loans

Purchase & Refinance Options
Primary Residence Only
Single Family, Manufactured Homes
After Repair Value, Rehab Costs & Fees
Minor Cosmetic Upgrades and Major Structural Repairs
Loan Maximums by County

The HUD -184 Renovation Home Loan is a great option for updating an older home. The HUD 184 renovation program covers both minor cosmetic upgrades and major structural repairs.

Renovation Home Loans FAQs

What is a renovation Mortgage loan and how does it work?

A renovation home loan combines the cost of purchasing or refinancing a home with the funds needed to renovate or repair it — all in one loan. It allows borrowers to finance both the home price and renovation expenses through a single monthly payment, simplifying the process and potentially increasing property value.

Who qualifies for a renovation home Mortgage?

Borrowers qualifying credit score depends on the type of renovation home loan. Conventional and USDA Loans require a 620, VA and FHA require a 580, HUD 184 does have a set credit score but depends on the overall worthiness of the borrower.

What types of renovation loans does Capital Home Mortgage offer?

Capital Home Mortgage offers a full suite of renovation loan options, including FHA 203(k) Loans both streamline and full, Fannie Mae Homestyle Loans, Freddie Mac Choice Reno, VA Renovation Loans, USDA both streamline and full, And HUD 184.

Can I use a renovation loan to refinance my existing home?

Yes. Renovation loans can be used for both home purchases and refinances. Refinancing with a renovation loan allows you to roll your existing mortgage and remodeling costs into one, helping you upgrade your property without taking on multiple loans.

What types of home improvements can be financed with a renovation loan?

You can finance a wide range of projects, including kitchen and bathroom remodels, roofing, flooring, HVAC systems, energy-efficient upgrades, and structural repairs. Some programs also allow luxury improvements like landscaping or accessibility enhancements.

How do renovation Mortgage loans differ from personal loans or HELOCs?

Unlike personal loans or HELOCs, renovation loans are based on your home’s after-improved value, allowing for higher borrowing limits and lower interest rates. They’re designed for larger home improvement projects and offer the benefit of a single mortgage payment.

How can Capital Home Mortgage help me get started with a renovation home loan?

Capital Home Mortgage simplifies the renovation loan process with expert guidance, fast approvals, and flexible financing options nationwide. Our experienced loan specialists help you choose the right renovation program, coordinate with contractors, and ensure a smooth closing — from application to completion.

Why Home owners Choose Capital Home Mortgage

Close On Time

Complete Control Application to Funding

Competitive Rates & Fees

Direct Lender Full Line of Programs

Exceptional Service

Customer Support Application to Final Payment

Why Home owners Choose Capital Home Mortgage

Close On Time

Complete Control
Application to Funding

Competitive Rates & Fees

Direct Lender
Full Line of Programs

Exceptional Service

Customer Support
Application to Final Payment

Capital Home Mortgage Company Reviews

Home Mortgage Programs

Home Purchase Loans

Looking to Purchase a Home?

Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.

Primary, 2nd Home, Investment
Competitive Rates & Fees, No fee Options
FHA, VA, USDA, Native American
Conventional, Jumbo & Renovation
Manufactured, Construction, Reverse

Renovation Home Loans

Looking to Rehab a Home?

Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not a renovation loan? Purchase the Perfect Home and make it your own.

Remodel, Renovate or Repairs
FHA 203K Streamline
FHA Full Documentation Rehab
Fannie Mae Homestyle Reno
Freddie Mac Home Choice Reno

FHA Home Loans

Great 1st Time Homebuyers

FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket. Call today to get started.

Smaller Down Payments
Flexible Underwriting Guidelines
Higher Debt to Income Allowed
Lower Credit Scores – Down to 500
Down Payment Gifts Allowed

VA Home Loans

100% Financing for Vets

Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.

No Mortgage Loan Limits
Simple Qualifying
Higher Debt to Income Allowed
Lower Credit Scores – Down to 500
Manual Underwriting Allowed

Conventional Home Loans

Flexibility for Homebuyers

Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a loan officer.

Primary, 2nd Home, Investment
Single and Multi-Family Properties
Variable Mortgage Insurance Options
Low Rates & a Variety of Terms
Renovation Programs Available

Jumbo Home Loans

Non-Conforming Home Loans

Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today.

Primary & 2nd Homes
Variety of Mortgage Programs
Simple Qualifying for Veterans
Investor Specific Guidelines
Credit Score Minimums

USDA Home Loans

100% Rural Home Loans

USDA Loans are a great option for families wanting to live outside of the city. Call today to speak with a loan officer to discuss your personal loan options.

Primary Residences
No Down Payment Required
New Manufactured Homes Allowed
Closing Costs / Repairs Rolled In
Geographic and Income Limits Apply

Native American Home Loans

Hud 184 Home Loans

HUD 184 Home Loans are solely for Native American and offer a variety of benefits. Call today to speak with a loan officer to find out more.

Primary Residence Only
Manual Underwriting for All Loans
No Credit Score Requirements
Tribal Grants Allowed
Purchase, Refinance, and Renovation

Manufactured Home Loans

Great Alternative Housing

Manufactured Home Loans offer options to purchase an existing residence or build your dream home on your own land. Call today to speak to a Loan Officer.

Existing Purchase or Refinance
New Construction
One Time Close Land/Home Combo
Lock at Contract
FHA, VA, USDA, Native American

Reverse Mortgage Loans

Your Home at Work

Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.

Primary Residence Only
Simple Qualifying – Equity Based
No Credit Score Requirements
Minimum Age 62
Purchase, Refinance, and Cash-Out

Non QM Home Loans

Making Mortgages Possible

Looking for Non Traditional Home Mortgage Loan? Contact a Loan Officer Today to discuss the alternative mortgage options currently available.

Purchase, Refinance & Cash-out
Primary, Secondary, Investment
Full Doc Programs
Alt Doc Programs
Corporations OK

One Time Close Home Loans

Build Your Dream Home

Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan. Call today to see how a OTC loan works.

Primary Residences Only
One Time Close
Lock Rate at Closing
Traditional Final Mortgages
No Payments During Construction

Refinance Mortgage Loans

Rate & Term Refinance

Refinancing can be a hard decision and may result in finance charges that may be higher over the life of the loan. Consult with your loan advisor for details.

Lower Monthly Payment
Shorten Mortgage Term
Streamline Options Available
Appraisal Waivers Allowed
VA IRRRL’s

Cashout Mortgage Loans

Equity Mortgage Loans

Cash-Out Mortgage Loans make use of the equity in your home. Refinancing may result in finance charges that may be higher over the life of the loan. Consult with your loan advisor.

Debt Consolidation
Investment Opportunities
Home Improvement
Dream Vacation
Higher Education

State Specific Mortgage Information