renovation

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Found a house with great bones but an outdated kitchen? A renovation loan lets you roll the cost of repairs and upgrades right into your mortgage — so you can buy the fixer-upper and make it yours from day one.

Loan Options

Renovation Programs I Offer

1.

FHA 203(k) Loan

Finance the purchase (or refinance) of a home along with the cost of repairs and improvements, all in one loan.

2.

Fannie Mae HomeStyle®

A conventional renovation loan with flexible terms for anything from cosmetic updates to major structural work.

3.

Conventional Renovation

Wrap smaller-scale improvement costs into a standard conventional mortgage with competitive rates.

Turn Potential into Perfection

Renovation loans don’t have to be a headache. If a home has potential and you have a vision, a PrimeLending mortgage makes it happen with one approval, one closing and one simple monthly payment. Whether you want to make buying a home more affordable or add value to your current home, our wide range of renovation loans and best-in-class process1 will help you create the home you've always wanted.

the process

How a Renovation Loan Works

1. Choose Your Project

Decide on the home and the scope of work — from a new roof to a full remodel.

2. Get Contractor Bids

We'll help you understand what documentation the loan program needs from your contractor.

3. Close on One Loan

Your purchase price and renovation budget are combined into a single mortgage.

4. Funds Released as You Work

Renovation funds are disbursed in draws as work is completed and inspected.

Why Work With Lori

Renovation Financing, Simplified

  • One loan, one closing, one monthly payment — instead of a mortgage plus a separate renovation loan.

  • Guidance on which program fits your project's size and timeline.

  • Help coordinating with contractors and appraisers along the way.

  • A single point of contact from application through the final draw.

Client Stories

REAL STORIES FROM MY VALUED clients

Not sure where to start?

Let's find the right loan program for your goals — no pressure, just honest guidance.

PrimeLending's Lori Meaney specializes in connecting Central Florida families with the right home loan — from first-time buyers to seasoned homeowners.

Contact Info

© PrimeLending, a Plains Capital Company · NMLS ID 13649 · Lori Meaney NMLS# 1132235 · All loans subject to credit approval.