Program Highlights:
- Used for remodeling and repairs
- Purchase or refinance
- Primary residence only
- Loan amount based on the lesser of as-completed value of the home or sales price, plus the total cost of renovation
- Requires only 3.5% down payment
- Allows monetary gifts from family
- Minimum renovation of $5,000 for Standard (Maximum based on project specifications)
- Maximum renovation of $75,000 for Limited (No minimum)