Banc Home Loans Construction & Renovation Lending provides simple, “common sense” solutions for financing construction, renovation and home improvement. Whether you are thinking of purchasing a property in need of repair, or looking to remodel or improve your home, we offer purchase and refinance solutions that are cost-effective and streamlined. These include1:

  • FHA 203(k) Standard
  • FHA 203(k) Streamlined
  • Fannie Mae (FNMA) Homestyle® Renovation
  • Fannie Mae (FNMA) HomePath® Renovation

Looking to purchase a property in need of foundation repairs, roof repairs or replacement?

Many properties on the market today are perceived by agents and buyers to be very difficult, if not impossible, to finance because of their current condition.

We can help! Many of these properties can now be financed AS-IS, regardless of condition, all with a single loan that provides funds for renovation, repairs, and/or upgrades using after-renovated value to determine loan amount.

Looking to purchase or refinance your primary home and renovate at the same time?

Now you can, all with one loan! Banc Home Loans’ FHA 203(k) loan fills a unique and important need for borrowers purchasing or refinancing a home that also needs repair or upgrading. We provide a way to obtain financing and include the cost of renovations within the loan. With this FHA insured program, borrowers will only need to apply for one fixed or adjustable rate loan that will cover the acquisition (or refinance) and rehabilitation costs of a property.

Your Banc Home Loans lending specialist will help you take into account your needs as you consider a renovation loan including determining your overall loan and project budget. They will be with you through the entire process and are able to address any questions you may have as you to build the home of your dreams.

1: Not all applicants will qualify. These Programs may have a higher interest rate, more points or more fees than other Programs requiring documentation. Minimum FICO, reserve, and other requirements apply. Programs may not be available in all states. Contact your Loan Officer for additional program guidelines, restrictions, and eligibility requirements. Rates, points, APRs and programs are subject to change at any time without notice.