Fannie Mae HomeStyle Renovation Loan

Fannie Mae

Available Home Repair

About This Program

Conventional financing that allows homebuyers and homeowners to finance both the purchase (or refinance) and renovation of a home with a single mortgage. Up to 75% of the completed appraised value can be financed. More flexible than FHA 203(k).

Single mortgage based on after-renovation value of home

Verified against Fannie Mae's official page on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Single loan for purchase/refinance + renovation
  • Up to 75% of renovated value
  • More flexible than FHA 203(k)
  • Available through approved lenders
  • Can include luxury upgrades

How to Apply

Get free help applying Visit Official Program Page Track this program

A grant-savvy contractor in Newberry, SC can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Newberry early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • A recent utility bill for the home (energy and weatherization programs use it to confirm service and usage).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Available through approved lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Get matched with a pro, free Browse Newberry, SC contractors

Find More Programs in Newberry, SC

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs