Mortgage Information

Community Renovation

Existing housing stock in communities throughout the country offers opportunities for first-time homeownership. Many of these homes are aging and in need of renovation, however, which can prove costly for home buyers with limited finances. Community Renovation serves low- to moderate-income borrowers seeking to purchase and renovate a 1- to 4-unit property as their principal residence with a single mortgage.

Consumer Benefits

• Finance renovations with a total cost of up to 50% of the "as completed" property value
• Up to 97% LTV
• As little as $500 from borrower's own funds
• Flexibility on reserves

« Return to Loan Programs

Contact us today to get started, we'll work hard to find the new home loan program that will best meet your unique needs.