Helping Austin-area buyers and homeowners finance renovations with FHA 203(k), Homestyle®, Freddie Mac CHOICE Renovation®, VA Renovation, USDA Renovation, and private/hard money renovation financing options.
Renovation financing can help you buy a fixer-upper, improve your current home, or finance repairs and upgrades without needing to pay for everything out of pocket.
Different borrowers and properties need different renovation strategies. Here are several options that may be available depending on eligibility, property type, scope of work, and loan guidelines.
Low down payment renovation financing for owner-occupied homes. A strong option for buyers purchasing a fixer-upper or homeowners improving a primary residence.
Conventional renovation financing with flexibility for qualified borrowers, including larger projects and a wide range of eligible improvements.
Conventional renovation financing that may be used for repairs, updates, disaster resiliency improvements, and value-add renovations.
For eligible veterans and military borrowers who want to purchase or improve a home using VA financing where available.
Available in eligible rural and suburban areas for qualified borrowers. Some communities outside central Austin may qualify.
Useful for investors, short-term renovation projects, flips, bridge scenarios, or properties that may not fit traditional mortgage guidelines.
Serving Austin and nearby communities including Round Rock, Cedar Park, Leander, Georgetown, Pflugerville, Buda, Kyle, Dripping Springs, Lakeway, Bee Cave, Hutto, Manor, and surrounding Central Texas areas.
Visit the flagship Austin renovation loan page for more detail, FAQs, program explanations, and next steps.