Thinking about buying a fixer-upper or finally updating your current home? A Fannie Mae HomeStyle® or Freddie Mac CHOICERenovation MortgageSM from PrimeLending could be exactly what you need. These flexible loan options allow you to finance home improvements and your mortgage together, which means one application, one closing and one easy monthly payment.

What makes HomeStyle® and ChoiceRenovation loans different?

Unlike other financing methods, the renovation costs are rolled into your mortgage. That means you don’t need to take out a second loan or open new lines of credit. You get the home you want and the updates you need all in one step.

What can you renovate with a HomeStyle/CHOICERenovation mortgage?

With a HomeStyle or CHOICERenovation loan, you can upgrade nearly any part of your property, including:

  • Interior or exterior updates
  • Landscaping improvements
  • New fencing
  • A new deck or patio
  • In-ground swimming pool installation
  • Adding square footage
  • Building an accessory dwelling unit (ADU)
  • Upgrading electrical, plumbing and/or HVAC systems
  • Making structural repairs

These loans are perfect for adding value, comfort, or personal style to your space — whether you're starting fresh or transforming your forever home.

How the PrimeLending renovation process works

At PrimeLending, we keep the renovation journey simple and transparent from start to finish:

  1. Get qualified3 with a local loan officer.
  2. Work with your contractor and appraiser to define the scope of upgrades.
  3. We finalize your loan — with renovation costs included.
  4. Close on your home, then the renovations can begin.
  5. Funds are held in escrow and payments are made directly to your contractor as the work progresses.

You don’t have to worry about juggling payments or timelines — we coordinate everything for you.

Why choose PrimeLending?

  • One-on-one support from local loan experts
  • Streamlined renovation process
  • Trusted by thousands of homebuyers nationwide
  • Flexible renovation loan options that fit your goals

We’re here to help turn your vision into a home you truly love and make the process as simple as possible.

Ready to get started? Contact us today to see if a HomeStyle or CHOICERenovation mortgage is right for you.