Fannie Mae Homestyle
AKA Conventional Renovation Loan
Fannie Mae HomeStyle: Turning Your Home Dreams into Reality
Unlock the potential of your dream home with the Fannie Mae® HomeStyle® program. This innovative offering allows you to purchase or refinance a property while seamlessly financing renovations, repairs, and enhancements all within a single loan. Say goodbye to compromises and make your dream home a reality with this program. And when paired with Fannie Mae HomeReady®, HomeStyle provides even greater flexibility and affordability.
With the HomeStyle program, you can finance a wide range of improvements, including:
Transforming an outdated home into a modern masterpiece.
Addressing deferred maintenance to boost your property's value.
Expanding your living space with a new addition.
Modernizing your floor plan for improved functionality.
Upgrading electrical, plumbing, roofing, and energy efficiency.
Adding a granny flat, also known as an Accessory Dwelling Unit (ADU), for extended family or rental income.
Revamping bathrooms and kitchens to your taste.
Installing a sparkling swimming pool for outdoor enjoyment.
Constructing a convenient garage for added storage and security.
And much more!
These programs can be much lower-costing than financing with a HELOC, private money loans, or credit card.
HomeStyle Offers:
Financing with as little as 3% down payment.
Eligibility for owner-occupied single-family residences, 2-4 unit properties, condos, homes in planned unit developments, single-unit second homes, and investment properties.
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Equal Housing Opportunity © 2024 Apache Mortgage Inc, 14098 Edwards St, Westminster, CA 92683, 949-298-2980. NMLS ID # 2454357 DRE # 02209550 & 02031005. For licensing information go to www.nmlsconsumeraccess.org. Trade/service marks are the property of Apache Mortgage Inc and/or its subsidiaries or affiliates. Information is intended solely for mortgage bankers, mortgage brokers, and financial institutions. For more information, review Apache Mortgage Inc's state licenses and important notices. Co-op loans not available. Some products may not be available in all states. Information, rates and pricing are subject to change without prior notice at the sole discretion of Apache Mortgage Inc, Mortgage Broker. All loan programs are subject to borrowers meeting appropriate underwriting conditions. This is not a commitment to lend. Other restrictions apply. [05-2024]
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