RENOVATION Mortgages
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How a Renovation Mortgage Works

On a purchase remodel, it allows you to finance not only the amount needed to purchase, but also the remodeling costs.

On a refinance, it allows you to finance the existing mortgage as well as the costs for improvements.

These types of loans may take longer to close and require more paperwork due to the contractor quotes needed for approval.

A licensed and insured contractor must be used to do the renovation work to the home.

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Borrow More

Borrow more than your home is worth based off future value

Build Equity

You can build equity at a faster rate due to improvements made

Fixer Upper

A great program for purchasing a fixer upper

Cash Flow

No need to spend out of pocket money to fix up the home
I have many a client I have directed to Stonegate for real estate financing and they have done a great job with following through with my customers and gotten them the best financing situation they could get. I highly recommend them for all financing needs.
Tom G.

Years in business

Loans closed

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