Loans Can Be Fun

Renovation

A renovation loan allows you to buy the home or update your current home and do some repairs/remodel at the same time. Contact us today for more information.

FNMA HOMESTYLE

  • An FNMA HomeStyle® renovation loan allows for a 95% loan-to-value ratio (LTV)* for repeat homebuyers and a 97% LTV for first-time homebuyers.
  • Allows you to be related to the contractor.
  • Allows for Structural and Non-Structural repairs.
    • Eligible property types:
      • 1 to 4-unit primary residences
      • 1-unit second homes
      • 1-unit investment properties

FHA 203K

  • A 203K allows for a 96.5% LTV for a purchase, and a 97.75% LTV for a refinance.
  • Allows Non-Structural Repairs
  • Eligible property types:
    • 1 to 4-unit primary residences.

*LTV : Loan-to-Value The amount of money you are borrowing vs the sales price/value of the home

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Contact Address

Allison Olsen NMLS# 187879
Fairway Independent Mortgage Corporation NMLS# 2289

2355 S. 1900 W. Suite B
West Haven, UT 84401

385-383-0123

loanscanbefun@fairwaymc.com

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Mortgages

  • FHA
  • VA
  • Conventional
  • Reverse
  • Renovation

Company

*A pre-qualification is not an approval of credit and does not signify that underwriting requirements have been met.

*Eligibility subject to program stipulations, qualifying factors, applicable income and debt-to-income (DTI) restrictions, and property limits. Grant amount varies based on credit score. Loans Can Be Fun is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency.

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  • Copyright ©2021 Fairway Independent Mortgage Corporation doing business as Loans Can Be Fun. NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Complaints may be directed to: (877) 699-0353 or Email us: customerservice@fairwaymc.com