With Renovation Pro, help your borrowers purchase and renovate with one loan and one close:
- Loan amounts up to $1.5 million
- LTV up to 97%
- May include expenses such as architectural and engineering fees, permit fees and contingency reserve
Renovation Pro can help new borrowers:
- Finance a fixer-upper with a loan covering the cost of the house plus the funds they need to transform it into the home of their dreams
- Simplify their financing with one loan and one closing
- Expand purchase options to include older stock in need of repairs
Renovation Pro can help existing homeowners:
- Refinance to cover the cost of renovation expenses
- Stay in a cherished home rather than moving by renovating to meet their changing needs
Co-brandable renovation infographic - Use this infographic with real estate agents to highlight the size of the opportunity in the renovation market.
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