Conventional Renovation Loans For
Primary Borrowers and Investors


Fannie Mae "HomeStyle" Renovation Loan

• Rehabilitation Loan Limit: No Limit Up-to Max Loan Amount  
1Unit $621,000 - 2 Units $795,000 – 3 Units $960,950 –  4 Units: $1,194,250

• LTV: Loan To Value):  95%.Primary & 97% if First Time Homebuyer85% Investment. 
On Purchases LTV is based on lesser of A. Purchase Price plus Renovation or B. 
The (ARV) After Repair Value. On Refinances 75% LTV is loan  amount divided by (ARV) 
After Repair Value.

• Intended Use: Primary, Second Home, Investment (Purchase & Refinance)

• Credit Score: Min 620

 • Property Type: PUDS, 1-4 Units, Manufactured Home, Fannie Mae-Warrantable Condos

Key Points: HomeStyle loans can also be used to build accessory dwelling units, like

a carriage house or garage apartment or to finish a basement for an in-law suite.

Swimming Pools and permanent landscaping allowed. You cannot use

HomeStyle to tear down and rebuild the home.

Key Advantage No Upfront PMI. 10%

Contingency reserve optional to Borrower.

Six months of loan payments can be

financed if the borrower is moving out.

Allows you to finish properties started

bybuilders that are 90% complete.

New: 50%of the material costs can be

pulled on thefirst draw. least 51%

Call or email today or use the Form provided Below to request information. No Cost or obligation.



Great Florida Lending, Inc

¡No Solo Soy Especialista en Hipotecas Revertidas, Tambien Soy Un Cliente!!!

2828 Coral Way, Ste. 470
Miami, FL 33145