Let's make your #housegoals a reality. 


Kaylynn Kelley

blog home


Remodel Loan

September 28, 2020

Hi! I'm Kaylynn. Realtor, mom, coffee lover & podcast binger. I help my clients go from overwhelmed about buying and selling at the same time to popping the champs and getting the keys to their new home.

Hello & welcome

Top Categories




read more

You’ve watched enough HGTV and tackled enough small projects to now want a fixer-upper all your own.⁣

So what about financing? How do you get a mortgage that allows you to purchase a property and gives you the cash you need to transform a fixer-upper? ⁣

Enter a home renovation loan.⁣

• A home renovation loan is a type of mortgage loan that includes the costs of renovating a fixer-upper.
• In most cases, an appraisal for a home renovation loan includes up to 110% of the home’s after-improved value.⁣
• Use the money from a home renovation loan to make repairs, add square footage, or upgrade the kitchen and bathrooms.⁣
• You’ll want to get detailed estimates and avoid over-improving your new home. Talk with an experienced real estate agent who knows your neighborhood and can help you avoid both pitfalls.⁣

With interest rates so low, now is a smart time to buy. Whether you prefer a move-in ready or a fixer-upper, give me a call — I’d love to help!

+ Show / Hide Comments

Share to:

Leave a Reply

Your email address will not be published. Required fields are marked *

If you've been thinking about buying your next home and aren't sure where to start when it comes to buying & selling at the same time, this step-by-step guide is for you!

Guide: Buy & Sell
at The Same Time



© Kaylynn Kelley 2021 | COMPASS | photos by Anne Sage & Kaylynn Kelley

Let's make your #housegoals a reality. 

Edmonds & Mukilteo, WA

Kaylynn Kelley