Homestyle renovation financing lets qualified borrowers combine the home and eligible improvements into one conventional mortgage. It can be a strong fit for buyers or homeowners who want more flexibility than a standard mortgage offers.
Serving Texas homebuyers, homeowners, and Realtor partners.
Homestyle is a conventional renovation option, which can be useful for borrowers who qualify outside FHA.
Eligible updates may include cosmetic, functional, energy, and repair-related projects.
Homestyle can be used for purchase renovation scenarios or certain renovation refinance situations.
Renovation loans are different from standard mortgage loans because the improvement plan, contractor documentation, appraisal review, and draw process all matter. The right structure depends on the borrower, property, renovation scope, occupancy, and loan program.
The goal is simple: help the buyer or homeowner finance needed improvements without trying to piece together separate financing after closing.
Credit, income, assets, property type, appraisal, and renovation details all affect approval.
The renovation plan and bids must be documented and reviewed.
This can be especially useful in Austin, Dallas, Houston, and San Antonio where older homes may need modernization.
Agents can use Homestyle as a financing angle for listings that need updates but have strong location or value potential.
Start with the application or reach out with the property address, estimated renovation scope, and your target timeline.
No. It may be available to eligible repeat buyers and homeowners as well.
Yes, cosmetic updates may be eligible if they meet program guidelines.
No. Homestyle is conventional, while FHA 203(k) is FHA-backed.
In some cases, yes.
Usually, yes. Renovation loans generally require contractor bids and documentation.