US Mortgage Reno Mortgage Eligibility

Got BIG remodeling dreams but a small savings account?

Whether you’re interested in purchasing a residential home that requires renovation work or would like to upgrade your current living space, a renovation loan program may be the perfect financing option for you. When it comes to taking out loans, whether it’s for a car or a home, your credit score will always come into play. Fortunately, it’s getting easier for homebuyers and home owners to get approved for an FHA-backed home loan. If you currently have at least a 620 FICO score and 3.5 percent down, you may be eligible for an FHA 203(k) loan. Additional requirements need to be met for those whose FICO scores are below 620. Speak with one of our Licensed Loan Officers to learn if you are eligible for a Renovation Loan.

Benefits of Renovation Loans

Benefits for Home Buyers Buying a Fixer Upper

•  Realize immediate equity growth.
• Shop and Acquire a bargain property in need of a little TLC.
•  Bid on short sales, foreclosures, and REOs.
•  Get qualified to buy and renovate a home with just one loan.
•  Low down payments.
•  Sellers may be able pay for 6 percent of your closing costs.
•  Renovation experts inspect and monitor the work.
Benefits for Current Homeowners

• Potentially Refinance into a lower rate mortgage and finance your remodel with a single loan
• Borrow based on the projected value of your home giving you freedom to tackle the dream remodel.
• Credit Scores as low as 620 and potentially lower (each case is unique)
• As little 2.5 percent equity to qualify.
• Renovation experts inspect and monitor the work throughout the process

Check Now if you qualify for a RENOVATION Home Loan!

Read our uncensored reviews on Zillow.

Dennis Terry was extremely patient when we hit many bumps in the road, he never gave up. He went well above and beyond to get the job done. We highly recommend him. He is always professional and if wasn’t for him we would have given up . He made the process for my husband and I easier and gave us confidence.

Maria Trombino Piechocki Five Stars on Zillow

Highly Likely to Recommend

We recently closed on our very first home. Right from the start this company impressed me. My wife and I worked with Nancy Miller, and the entire house buying experience was quick and easy for us. They worked very hard to ensure everything was done by our estimated closing date. They were always very friendly and efficient.

user8906110 Five Stars on Zillow

Highly Likely to Recommend

This was our first home that we were buying and Fior and Estrella did and an amazing job! I highly recommend their services. They keep me updated throughout the whole process. I will definitely be using them again in the future! Thank you so much for your hard work you ladies are the best!!!!!

user0142083 Five Stars on Zillow

Highly Likely to Recommend

Absolutely excellent in response time, detailed in their correspondences and requests, and I couldn’t work with a better group of people! Estrella is AMAZING!!! I’ve purchased several properties, but her attention to detail and timely responses is superb!

A Williams Five Stars on Zillow

Highly Likely to Recommend

Nancey Miller’s team was very informational, and didn’t give me false hopes. I tried going through 2 other mortgage company’s that promised me things they could not deliver. They were very straight to the point and let me know everything I needed to do to get my loan. Also closed it very quickly with very little headache. I would absolutely recommend they to anyone and will use them again for my next home purchase.

Parker Andrew Five Stars on Zillow

Highly Likely to Recommend

Our experience with Danae Theander at US Mortgage exceeded every expectation! The personal level of attention, professionalism and communication through the entire process was unprecedented from any prior experiences. Highly recommend!

K Luchini

Highly Likely to Recommend

K Luchini

Highly Likely to Recommend

Maria Arrua from US Mortgage was extremely helpful in our first time home buyer. She got us the best rate possible and she was very responsive and informative on all of our questions. If you need to buy a house I recommended US mortgage and Maria Arrua as a broker

Valentino Olga Five Stars on Zillow

Highly Likely to Recommend

Stephen B McDonald was the best at every aspect of our re-fi. It required lumping a home with a condo together. He and his staff helped me all along the way to get it done. I’d give them all more than 5 stars if they were available to use!

Robert M Gibb Five Stars on Zillow

Highly Likely to Recommend

203K Renovation Home Loans

Buy A House + Renovate It!

Call us: 844-403-7814

Reno Mortgage Eligibility

Got BIG remodeling dreams but a small savings account?

Benefits of Renovation Loans

Check Now if you qualify for a RENOVATION Home Loan!

FOUNDED

1994

FUNDED OVER

$10 Billion

LOANS CLOSED

33,000 +

DIRECT LENDER

USDA, FHA, VA, Agency

Read our uncensored reviews on Zillow.