Renovation Financing
Whether you’re buying a home or your current home needs a makeover, making improvements just got easier. Our renovation loan programs can help you get those much-needed repairs or those nice to have home improvements by financing the costs into your mortgage for one monthly payment. These programs are also a great way to handle any appraiser required repairs. We have renovation loan options for both conventional and FHA loan programs.
How does it work?
The basic process is fairly straight forward. The first step is to identify a property and negotiate a acceptable contract. Next you will need to get a bid from a licensed contractor for any work you want to do on the home. We then order an appraisal. The appraisal is done as completed, meaning the appraiser gives us a value based on the completed project. When the appraisal comes back we button up anything else that needs to happen underwriting wise and then close on the loan. At closing the seller get’s their money and ownership of the property also changes hands. The contractor can now go in and get going on the work. Once all the work is done we reinspect the property, verify everything is done, and then pay the contractor out of the loan proceeds. It’s really that simple.
To find out more about the benefits of our renovation programs, contact me today!
Program Details
Latest Blog Post
Down Payment Assistance Programs in Michigan: Your 2026 Navigator’s Guide
Waiting until you’ve saved a full 20% down payment isn’t a sign of financial discipline; in the 2026 Michigan market, it’s often a tactical error that keeps you grounded while home prices take flight. You likely feel stuck in a cycle of rising rents, watching your savings account struggle to keep pace with the real estate market. It’s frustrating to feel like the dream of homeownership is a moving target, especially when you’re caught between the “rent trap” and the fear of high interest rates. You aren’t alone in feeling overwhelmed by the technical jargon surrounding down payment assistance programs Michigan offers.
The good news is that these programs aren’t just safety nets; they’re precision-engineered tools designed to provide the lift you need to clear the homeownership hurdle. This guide will show you how to leverage Michigan’s most effective resources, from the MSHDA MI 10K DPA available in 236 ZIP codes to the $25,000 pilot program for first-generation buyers. We’ll break down the eligibility requirements, compare state versus local city options, and explain how to secure a $0 or low-down payment solution. By the time you finish reading, you’ll have a clear flight plan to get pre-approved with a local expert who understands the unique landscape of the Great Lakes State.
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