Capital Home Mortgage College Station

College Station Renovation Home Loans

College Station Renovation Mortgage Lender

Renovation Home Loans In College Station

Are you considering getting a loan for home improvements, but you need to figure out your options? If you need money to spruce up your home, a renovation home loan can help you repair or revitalize an existing property. You can use the money for cosmetic changes like painting or installing new siding.

Whatever your reason for requiring a College Station home improvement loan, Capital Home Mortgage can help you obtain the necessary funding. We are a direct mortgage lender; thus, the loan procedure is more streamlined as no extra third parties are involved.

What is a Home Renovation Loan?

A loan for rehabilitation or home remodeling will help you finance any significant home improvement project you wish to undertake. It can finance everything from purchasing and renovating a fixer-upper to a simple room makeover. These funds can also be utilized to pay for essentials that enhance your quality of life, such as repairing a leaking roof or replacing an old HVAC or plumbing system.

Types of Home Renovation Loans

  • FHA 203(k) Loans 

Homebuyers who want to purchase and remodel properties that require significant work may qualify for FHA rehabilitation loans, often known as 203(k) loans. This FHA-insured loan bundles the cost of improvements into your regular mortgage, so you won’t have to pay them out of pocket.

Both structural and cosmetic work are eligible for financing through the FHA 203K Standard.

There’s another scaled-down version of the FHA 203K, called the FHA 203K Limited. It’s easier to get but won’t pay for major structural repairs and has a $35,000 limit.

  • Fannie Mae HomeStyle Loan

The Fannie Mae HomeStyle loan is a type of mortgage that enables borrowers to purchase or refinance a house while simultaneously rolling the costs of the loan’s closing and any necessary renovations into a single loan. HomeStyle renovation loans are often more cost-effective than using a credit card or a personal loan when upgrading a property that needs work.

  • Freddie Mac CHOICERenovation Loan

Borrowers can purchase a property that needs repairs or refinance their existing home with the ChoiceRenovation loan, which allows the borrower to incorporate the necessary money for renovation in the new loan balance. The value of the house “as-completed” is used to determine the loan amount rather than the present home’s worth.

Apply For A Home Renovation Loan In College Station

Capital Home Mortgage can assist you in acquiring a loan for any home improvement project in College Station, regardless of the type of financing you require. Because we are direct lenders, we can provide you with a loan with flexible underwriting and competitive interest rates.

Call us at (979) 393-0049 to apply for a home loan immediately.

Why College Station is Choosing Capital Home Mortgage...

Close On Time with True Approval

Control of the Loan from the Application to Funding.

Great College Station Rates

Direct Mortgage Lender Providing Competitive Rates and Low Fees.

College Station Customer Service

7  Day a Week Support from Application to Final Mortgage Payment. 

College Station Renovation Mortgage Rates

Have you ever wondered why interests rates are what they are and what determines the final rate?  Why borrowers receive different interest rates? Or why rates go up and down?  Interest Rates are calculated using several factors.

  • Demand for the mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness

College Station FHA Renovation 203K Loan

Renovation 203K Home Lender
  • Purchase & Refinance
  • Primary, 2nd and Investment
  • As-Completed Values
  • Homestyle Standard
  • HomeStyle Limited > 25K
  • Homestyle Manufactured
  • Homestyle Pools
  • Homestyle Standard
    • 95% Primary LTV 
    • 97% 1st time Buyers LTV
    • 90% Second Home LTV
    • 85% Investment Property LTV

College Station Fannie Mae Homestyle Loan

  • Purchase & Refinance
  • Primary, 2nd and Investment
  • As-Completed Values
  • Homestyle Standard
  • HomeStyle Limited > 25K
  • Homestyle Manufactured
  • Homestyle Pools
  • Homestyle Standard
    • 95% Primary LTV 
    • 97% 1st time Buyers LTV
    • 90% Second Home LTV
    • 85% Investment Property LTV
Renovation Fannie Mae Homestyle Lender
  • Purchase & Refinance
  • Primary, 2nd and Investment
  • As-Completed Values
  • Homestyle Standard
  • HomeStyle Limited > 25K
  • Homestyle Manufactured
  • Homestyle Pools
  • Homestyle Standard
    • 95% Primary LTV 
    • 97% 1st time Buyers LTV
    • 90% Second Home LTV
    • 85% Investment Property LTV

College Station Freddie Mac Choice Renovation Loan

  • Up to 97% LTV of “As-Completed”
  • Owner-occupied 1–4 unit Primary 
  • Owner-occupied 1–4 unit Condos 
  • 85% LTV on a 1-unit Investment 
  • 90% on a 1-unit Second Home
  • Credit Scores Down to 620
  • Luxury Renovations are Eligible
Renovation Freddie Mac Choice Home Lender
  • Up to 97% LTV of “As-Completed”
  • Owner-occupied 1–4 unit Primary 
  • Owner-occupied 1–4 unit Condos 
  • 85% LTV on a 1-unit Investment 
  • 90% on a 1-unit Second Home
  • Credit Scores Down to 620
  • Luxury Renovations are Eligible
Not Sure? Take a Look at Other College Station Mortgage Programs

College Station Renovation Mortgage Team

ron ireland

branch manager
NMLS 328363

Doug Harris

Loan Officer
NMLS 2152628

Matt Williams

Sr Loan Officer
NMLS 1945867

chris erwin

Sr Loan Officer
NMLS 914064

College Station Mortgage Company Reviews

Texas Cities

Houston Home Loans

San Antonio Home Loans

Dallas Home Loans

Austin Home Loans

Fort Worth Home Loans

El Paso Home Loans

Corpus Christi Home Loans

Laredo Home Loans

Lubbock Home Loans

Amarillo Home Loans

Brownsville Home Loans

Killeen Home Loans

Midland Home Loans

Waco Home Loans

Odessa Home Loans

Abilene Home Loans

College Station Home Loans

Beaumont Home Loans

Wichita Falls Home Loans

San Angelo Home Loans

San Marcos Home Loans

Galveston Home Loans

Tyler Home Loans

McAllen Home Loans

Stephenville Home Loans

Texarkana Home Loans

Round Rock Home Loans