Homestyle^® Renovation Loan

HomeStyle® Renovation Mortgage provides a convenient way for borrowers to make renovations, repairs, or improvements totaling up to 50 percent of the as-completed value of the property with a first mortgage, rather than a second mortgage, home equity line of credit, or other, more costly financing method.

The funds can be used for any repairs or renovations that are permanently affixed and add value to the property. Eligible borrowers include individual home buyers, investors, nonprofit organizations, and local government agencies.

PRIMARY RESIDENCE

• Minimum 660 FICO Score for each borrower
• 1-4 unit properties are eligible

SECOND HOME/INVESTMENT

• Minimum 680 FICO Score for each borrower
• 1 unit properties are eligible

THE FINE PRINT

Information subject to change without notice. All loans subject to credit approval. Product availability subject to market conditions and may be withdrawn without notice.  Please see a Victorian Finance Mortgage Loan Officer for complete details.