Update: Total Mortgage is still closing loans during the government shutdown.
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homestyle renovation loan

roll your renovations into your mortgage

quotes

I can't say enough about your professionalism, honesty, and great service. You can bet that if I proceed with a purchase, you will be my first call. I hope I get the opportunity to refer some business your way.

-Rob

the perfect loan for

fixer-uppers

This program from Fannie Mae makes renovations easier than ever. Whether you’re a buyer working on a budget or a homeowner looking for a refresh, a HomeStyle loan can finance your renovation along with your purchase or refinance. Unlike the similar FHA 203k, this program has no restrictions on repair types or minimum spend amounts. It does, however, take a bit longer to close than a standard loan, so keep that in mind when making your plans.

Happy Couple

Finance your renovation the simple way.

benefits

  • Minimal out-of-pocket renovation costs
  • Fewer restrictions than an FHA 203k
  • Single unit second homes and investment properties eligible
  • Term length options available

requirements

  • Minimum credit score of 620
  • Down payment of at least 5%
  • Max debt to income ratio of 45%
  • All improvements must become a permanent part of property

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