Designed for eligible borrowers financing major home repairs or renovations with an FHA mortgage.

Can help combine the home purchase or refinance and renovation costs into one loan.

May be used for larger renovation projects, structural repairs, or improvements that require a more detailed scope of work.

Supports eligible primary residence renovation scenarios for qualified borrowers.

Can help borrowers finance repairs on homes that may need work before they fully meet long-term living needs.

Project scope, contractor documentation, property eligibility, and renovation plans should be reviewed with a loan officer.

Helps borrowers turn a property that needs work into a home that better fits their goals.

Can reduce the need for separate renovation financing after closing.

Gives buyers more flexibility when considering homes that need repairs, upgrades, or modernization.

Provides realtors with another solution for clients interested in homes with renovation potential.

Can help homeowners improve their current property while keeping financing organized in one FHA loan.

Creates a structured path to discuss renovation goals, contractor expectations, and financing options.

Homebuyers purchasing a property that needs significant repairs or renovations.

Borrowers who want to finance renovation costs into their mortgage instead of using separate financing.

Homeowners refinancing a primary residence while planning larger improvement projects.

Clients who want to repair, update, modernize, or restore a property after closing.

Buyers who see opportunity in a home that needs work but want one organized financing path.

Realtors working with buyers who are open to renovation opportunities and value-add properties.