RENOVATION LOANS can help you buy a home that is discounted because of its age or condition. FIX-IT MORTGAGE is a renovation loan that gives you the opportunity to add the costs of repairs or renovations into your mortgage. If you are looking at REO, foreclosures, fixer uppers, handyman specials or other discounted properties that may be listed as “cash only” or “as-is” this may be the right renovation loan solution for you. If you are looking at homes in older neighborhoods that may need updating, improvements or remodeling, there are multiple renovation loan solutions available. 


Have you been looking for that “Perfect Home” but can’t find anything you can afford?


Have you looked at homes that you may be able to afford but

they "Need Expensive Repairs or Updating"?

fix it mortgage logo 2.png

The FHA 203(k) is the foundation of renovation lending. Originally 203(k) was written in the early sixties and then updated in the nineties. 203(k) has been the most popular choice in the market for buyers choosing a renovation loan in order to finance both the purchase and renovation costs necessary to close as-is. The down payment on these loans can be as little as 3.5%. At closing, the seller is paid, and the renovation funds go into an escrow account that is set up in the homeowner's name to fund

the renovation costs through a

system of inspections and draw requests. 

jim pic 5.jpg
hammer logo shadow.png

The Fannie Mae HomeStyle is the same concept as 203(k). With HomeStyle, a buyer can finance both the purchase and renovation costs necessary to close as-is. HomeStyle was originally written in the mid-nineties and was called the Home Improvement Mortgage Loan, HIML, later updated to HomeStyle. Some of the terms and conditions in HomeStyle are different than 203(k), but HomeStyle presents a similar unique opportunity to a homebuyer looking at property that is being sold as-is. The HomeStyle down payment can be as little as 3% for a first-time homebuyer. HomeStyle can also be used by an investor or second homebuyer.

FIX-IT MORTGAGE is a complete inventory of government and conventional renovation loans. We offer FHA 203(k), standard and FHA203(k) Limited (formally FHA 203(k) Streamline), Fannie Mae HomeStyle and HomeReady with Renovation. 


The FIX-IT MORTGAGE team of Renovation Loan Experts have years of experience to help you make the right product decisions. Using an expert in renovation lending will help you through the renovation loan process to successfully close as-is on time.


These renovation loan experts have 125 years of successful experience closing as-is on time. FIX-IT MORTGAGE, whether a FHA 203(k) or Fannie Mae HomeStyle, could be your chance to find an affordable homeownership opportunity, and they want to help you get there.


Contact Our Fix-It Experts:
833-US-FIX-IT or

reno tips banner.jpg

With FIX-IT MORTGAGE, you can finance the costs to purchase and include the cost to:


  • Remodel a bath or kitchen 

  • Add room additions or a garage 

  • Repair or replace roofing, gutters or downspouts 

  • Interior or exterior painting

  • Update appliances 

  • Repair or modernize plumbing, heating, AC and electrical systems 

  • Install or repair well or septic systems 

  • Energy conservation improvements 

  • Landscaping, decks or fencing

  • Flooring, tiling or carpeting

house fix it good great ad 3.jpg

For more information on Fix-It Mortgage, simply complete the form below to get started!

hammer logo shadow.png

Thanks! Message sent.