HOMESTYLE RENOVATION LOANS
iFinance Florida
Why Choose iFinance Florida for Your Renovation Financing?
At iFinance Florida, we know that a house becomes a home through vision—and sometimes, that vision needs financing. That’s where we come in. As renovation loan specialists, we connect clients to the Homestyle Renovation Loan: a powerful tool that allows you to buy and renovate a property with a single mortgage. Whether you’re purchasing a fixer-upper or upgrading your current home, we bring the strategy, experience, and lender access you need to make it seamless.
What Is a Homestyle Renovation Loan?
The Homestyle Renovation Loan is a conventional mortgage backed by Fannie Mae that lets you finance both the purchase (or refinance) of a home and the cost of renovations into one loan. It’s a streamlined solution for buyers and homeowners who want to turn potential into reality—without juggling separate loans or contractors out of pocket.
Who Qualifies and What Can Be Financed?
Buyers and current homeowners with a minimum 620 credit score may qualify, depending on the lender. This program can be used for primary residences, second homes, or investment properties. Renovations can include anything from kitchen remodels and new flooring to room additions, energy-efficient upgrades, or even landscaping—so long as they add value to the property.
Why Is It Beneficial?
Instead of dipping into savings or taking out a high-interest personal loan, the Homestyle Renovation Loan gives you access to low mortgage rates for your upgrades. Since the improvements are rolled into the mortgage, you build equity from day one. Plus, it’s one closing, one monthly payment, and one smart strategy.
Let iFinance Florida Bring Your Vision to Life
We’ve helped countless clients turn “needs work” into “move-in ready.” Our team handles the details, from renovation estimates to appraisal reviews, so you can focus on the transformation—not the paperwork. And with over 40 lending partners, we ensure you get the best terms possible for your renovation journey.
Ready to renovate your future?
Click below to schedule your free consultation and discover how easy it can be to finance your dream home—exactly the way you envision it.
Key Features and Benefits:
- Comprehensive Financing: Covers both the purchase price of a property and the cost of renovations, streamlining funding for extensive home improvement projects.
- Flexible Terms: Offers repayment terms and interest rates tailored to the scope of the project and the borrower’s financial situation.
- Future Value-Based Funding: Allows borrowers to access funds based on the projected value of the property after renovations, enabling more substantial improvements.
- Simplified Loan Structure: Combines acquisition and renovation costs into a single loan, reducing the complexity of managing multiple financing sources.
At iFinance Florida, we make the process of upgrading or modernizing your property simple and efficient. Let us help you turn your vision into a reality with our Renovation Loan tailored to your needs.