Renovation Home Loans
Interested in renovating your existing home? Or looking to buy a hidden gem and fix it up?
First Fed has multiple loan options that allow you to access to the funds immediately to apply to home renovation projects.
- The loan appraisal is based upon the completed project.
- Choose a fixed or adjustable interest rate, a maximum loan term of 30 years.
Easy Renovation Program
The Easy Renovation Program allows buyers to purchase that “Fixer Upper” and fix it too. Finance the improvements by using the equity in the home-based upon the value after the improvements are made. This program can be used on owner-occupied or second homes and may be used for purchases or refinances.
NOTE: All terms and conditions are subject to change without notice.
Need more information? Contact our Mortgage Loan Officers to discuss your options and let us help guide you through this process.