Conventional Power. Renovation Flexibility.

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HomeStyle® Renovation allows borrowers to finance purchase or refinance plus renovations in one conventional loan, expanding opportunity beyond government renovation programs.

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Why They’re Useful 

HomeStyle® fills the gap when FHA or VA renovation isn’t the right fit, offering broader property eligibility and conventional loan advantages while still financing major improvements.

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Key Highlights​

• Minimum credit scores starting at 620

• Financing up to 97% LTV (primary residence, 1-unit)

• Available for primary residences, second homes, and investment properties

• Renovation costs based on after-improved value

• One loan, one closing

 

Program Snapshot

• Purchase and limited cash-out refinance options

• Conventional underwriting (DU only)

• Renovations up to 75% of the as-completed value

• Wide renovation scope — structural and non-structural

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