Financing

Remodel and Construction Financing

Finding, or even owning, the home of your dreams can be done, and it doesn’t need to be stressful! Scott’s Construction offers the following financing options for all your home renovation needs.

Payment Options

We gladly accept the following payment options:

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Renovation Loan Programs

FHA 203k Home Improvement Refinance Program – The FHA 203k Home Improvement Refinance is a program designed to speed up a simple rate and term refinance by requiring less documentation.

FHA 203k Structural/Standard Loan – The FHA 203k Structural/Standard Loan was created specifically for projects that warrant extensive and/or structural work or repairs, projects that will take longer than six months to complete, or when the cost of the project will exceed $35,000.

FHA 203k Streamline Loan – The FHA 203k Streamline Loan option has no minimum loan amount, allows borrowers to finance up to an additional $35,000 in their loan, and is designed for non-structural, cosmetic repairs such as paint, flooring, appliances, etc.

Fannie Mae (FNMA) HomeStyle Renovation Loan – The Fannie Mae HomeStyle Renovation Loan is a conventional home renovation loan that allows homeowners to purchase a home in need of cosmetic and/or structural renovations.