In this quick-hit episode of Mortgage on the Fly, we're diving into the world of renovation loans — and trust us, there’s more out there than most homebuyers realize. Whether you’re buying a fixer-upper or dreaming of customizing your new space, renovation financing can open the door to endless possibilities.
We’ll cover the most common options like:
🔨 Conventional Renovation Loans (think Fannie Mae Homestyle)
🏡 FHA 203(k) – a favorite for first-time buyers
🌾 USDA Renovation Loans – yes, even rural homes can get some love
🎖️ VA Renovation Loans – the powerful yet often overlooked benefit for eligible veterans
You’ll get a fast breakdown of what each loan offers, who qualifies, and how these options can help you turn a “maybe” into your dream home.
Perfect for realtors, homebuyers, and anyone exploring financing beyond the standard mortgage.