Loan Simple Inc, NMLS 3032 9635 Maroon Cir., Englewood CO 80112

Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor
image17

The Renovation Loan for every need...

Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor Conventional Renovation Loans | Primary | 2nd Home | Investor

The Renovation Loan for every need...

image18

Look at additional renovation options

FHA 203k Loans

Want to know more on the FHA 203k Loan click below to take you to that website.

FHA 203K Website

Veterans Renovation Loan

Want to know more about the VA Renovation loan click below to take you to that website.

VA Renovation Website

One Time Close Construction Loans

  

One time close construction loans for primary occupants. We have an FHA, VA and USDA Loan. With no payments for the customer as the home is being built.

FHA 3.5% down, VA and USDA 100% Loan Options.

OTC Website

Is the Conventional Renovation the right loan for you?

image19

Primary Home Purchase with as little as 3% down. Refinance and renovate all in one loan!

Have you been looking at homes in a neighborhood you like, with the perfect layout or spacious yard you been wanting?  There is just one little minor detail the home needs updates or major repairs and you don't know if you are able to make those repairs after you buy the home with your limited cash.  

You might even be living in a home that you love and don't want to sell but needs repairs because normal wear and tear or to accommodate your growing family.  But the high-interest rate for a home equity line of credit or using your credit cards is not an option, therefore, making the renovation/repairs out of reach.  


Well your not alone.  So many buyers and owners can see that the home has great potential but not sure how to pay for the repairs.  The Homestyle Renovation loan can be your option.  The Homestyle Renovation mortgage allows a convenient and flexible way for borrowers considering a home purchase or refinance to make all the repairs and renovations with one first mortgage instead of obtaining a 2nd mortgage, a line of credit or another more costly financing.   The purchase/refinance of the home is based on all the after improved value of the home based on all the future repairs/renovation.  There are no limitations to this loan from the basic to luxury renovation.

image20

Want to buy a 2nd Home?

Have you been looking at homes in a neighborhood you like, with the perfect layout or spacious yard you been wanting?  There is just one little minor detail the home needs updates or major repairs and you don't know if you are able to make those repairs after you buy the home with your limited cash.  


You might even be living in a home that you love and don't want to sell but needs repairs because normal wear and tear or to accommodate your growing family.  But the high-interest rate for a home equity line of credit or using your credit cards is not an option, therefore, making the renovation/repairs out of reach.  Well your not alone.  So many buyers and owners can see that the home has great potential but not sure how to pay for the repairs.  The Homestyle Renovation loan can be your option.  


The Homestyle Renovation mortgage allows a convenient and flexible way for borrowers considering a home purchase or refinance to make all the repairs and renovations with one first mortgage instead of obtaining a 2nd mortgage, a line of credit or another more costly financing.   The purchase/refinance of the home is based on all the after improved value of the home based on all the future repairs/renovation.  There are no limitations to this loan from the basic to luxury renovation.

image21

Want to buy an Investment home?

The Homestyle Renovation loan allows borrowers to become investors by buying/refinancing an investment home with as little as 15% down payment.  This loan allows up to 85% LTV and rolling in all the minor or major renovation into one loan.  Why use all your savings or a hard money lender when you have the option of putting down less money on that investment purchase you been wanting to do.


How does it work?

Why a Conventional Renovation Loan?

When you purchase or refinance a home, the Homestyle renovation loan allows you to finance all the improvements up to 75% of the property's future improved value. (This is the future appraised value of the home once ALL the upgrades/repairs are completed).  


This is the most cost-effective type of financing way to renovate your home because it combines the cost of the home + renovation into one convenient conventional loan.  It addresses the most challenging questions of where will I get the money to do all the repairs after by providing:


Affordability:  

If you happen to be a first-time homebuyer or combine a Homestyle Renovation loan with a HomeReady loan, your down payment can be as low as 3%.

You may be able to take advantage of removing mortgage insurance at today's competitive rates which will lower your payment and a lot less money going out with a line of credit or 2nd mortgage.


Flexibility:

The Homestyle Renovation loan can be used for any renovation project from simple cosmetic upgrades to major repairs and renovation.  The loan can even be used to construct or renovate additional living space such as in-law suites and finishing a basement for the family.


The draws issued on this renovation loan will allow your contract to have a steady flow of money to start and complete the project without you having to come out without of pocket money.


Accessibility:

The renovation funds are all bundled into your first mortgage under one loan, and you only make one monthly payment.  


No need for other types of financing.  The renovation could also help you in developing equity in your home.

image22

Contact Us

Renovation Concierge Program

Marco A. Montano | NMLS 404303

VP of Renovation Lending



Loan Simple Inc NMLS 3032

9635 Maroon Circle, Englewood, Colorado 80112, United States

Cell: 720-400-0780

Contact Us

Cancel