Conventional Renovation Loan
Want to buy a home in Dallas-Fort Worth, Texas and make improvements right away—without taking out a separate construction loan? A Conventional Renovation Loan, also known as a Fannie Mae HomeStyle loan, lets you finance both the purchase price and renovation costs in a single mortgage. Perfect for Dallas-Fort Worth buyers who want modern updates or plan to personalize a property.
Key Features
✔ One Loan for Purchase & Renovation – Combine the cost of buying and remodeling your Dallas-Fort Worth home.
✔ Low Down Payment Options – As little as 3% down for qualified first-time buyers.
✔ Flexible Property Types – Primary residences, second homes, and even investment properties in Dallas-Fort Worth or DFW suburbs may qualify.
✔ Wide Range of Renovations – Cosmetic updates, major structural changes, energy upgrades, and more.
Eligible Renovations
✔ Kitchen and bathroom overhauls
✔ Roofing, HVAC, and electrical upgrades
✔ Room additions or exterior improvements
✔ Luxury upgrades such as pools or outdoor kitchens (subject to loan limits)
Eligibility & Guidelines
✔ Minimum credit score typically 620 or higher.
✔ Debt-to-income ratio usually under 45%.
✔ Work must be performed by licensed contractors and approved by the lender.
✔ Fannie Mae loan limits apply to total loan amount.
Ideal For
✔ Dallas-Fort Worth homebuyers seeking a move-in ready look without paying top market price.
✔ Investors or second-home buyers renovating properties in Dallas-Fort Worth or the DFW area.
✔ Current homeowners refinancing to update or expand their Dallas-Fort Worth home.
Why Supreme Lending Dallas-Fort Worth
Our Dallas-Fort Worth mortgage experts specialize in renovation financing and guide you through every step—from contractor bids to final inspection—so your project stays on time and on budget.
Next Steps: Reach out to Supreme Lending Dallas-Fort Worth to learn how a Conventional Renovation (HomeStyle) Loan can help you purchase and improve a property in Dallas-Fort Worth, Texas, all with one easy mortgage.