Renovation loans | Guild Mortgage

Renovation loans

Home Renovation logo

Live where you love

Maybe you’ve found the perfect location, but the house needs improving. Maybe staying in your current (but outdated) home is what’s important. Either way, a renovation loan lets you make upgrades now and pay over time–so you can create a place you’re proud to call home.

Renovation | Guild Mortgage

Let us help you create your dream home

Whether you’re considering a fixer-upper or dreaming of remodeling your current home, a Renovation mortgage loan helps you get the job done.

Benefits and advantages:

  • Create your dream home
  • One single transaction for purchase or refinance and renovate
  • Borrow based on future estimated home value
  • Distribute renovation costs over the life of the loan

View our gallery of before and after examples to imagine your next project

What house renovation loan options do you have?


Allows for most upgrades, including luxury home improvements

FHA 203(k)

Backed by the government and offers a low down payment

FHA 203(k) Limited

Designed for smaller, quick projects, cosmetic or minor repairs

How does a renovation loan work??

A renovation loan lets you purchase or refinance a home in almost any condition, make improvements and pay for them over time. Consolidate the cost to buy or refinance with the estimated remodeling costs. We connect you with a renovation specialist and you select your preferred contractor to complete the work.

What types of remodel projects qualify?

No project is too big or too small. From room additions to new kitchens to painting and landscaping–we’ve seen it all.

  • Remodel kitchen and bathrooms
  • Upgrade electrical, plumbing, heating and air conditioning
  • Add an accessible entry
  • Repair cracked slabs or make structural improvements
  • Install new flooring, windows, doors, cabinets and appliances
  • Build a swimming pool

All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction. Renovation programs are eligible in the following states: AZ, CA, CO, HI, ID, MO, NM, NV, OR, TX and UT

Considering selling vs. remodeling? Compare the costs of upgrading to the amount you’ll get from selling with our net proceeds calculator.