Home Renovation

Our Home Renovation mortgage provides a simple and flexible way for you to renovate or make home repairs with a conventional first mortgage, rather than a second mortgage, home equity line of credit, or other more costly methods of financing.​

Borrow up to 75% of your home’s as completed appraised value to do things like remodel the kitchen, update the bathroom, replace flooring, and more.

Program Highlights

Low down payment option
Put a down payment as low as 5% with no minimum contribution required from you.

Cost savings
Save money by avoiding closing costs on a second mortgage, or having to pay a higher interest rate on a home equity line or more costly financing option.

Flexible sources of funds
Pay your down payment with eligible gifts or with money available from down payment assistance programs. We can help you understand your options.