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Mark Vernon
VP of Mortgage Lending/Renovation Specialist

In today’s market, finding your perfect home can be a challenge. But with our renovation loan programs, homebuyers can expand their options by including the cost of potential repairs into their mortgage. As a dedicated renovation specialist, I’ll assist you throughout the process, and many home types may be eligible including owner-occupied properties, second homes or investment properties. Best of all, as a homebuyer, you can unleash your imagination and transform any property to achieve its true potential.

Why choose a renovation loan? Renovating a fixer-upper can be the best strategy for finding the perfect home when there aren’t many options on the market. Homebuyers can fix a flawed property in the perfect neighborhood, while homeowners can enhance the value of their home without draining their savings.

The benefits of renovation loans include: • Low down payment, low fixed rate and a one-time close • Up to 6 months of mortgage payments may be financed into the loan to alleviate the worry of house payments during construction • Includes complete renovations such as kitchens, bathrooms, additions and garages • On major renovation projects, a consultant will oversee the process and act as a project manager to protect the homeowner

Contact me today to learn more about what projects are eligible for renovation financing

Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Guaranteed Rate for current rates and for more information.

Helpful tools and resources
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The Best Mortgage Experience
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First-time homebuyer’s guide
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Mortgage calculators
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Loan options

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