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Renovation Loans

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Renovation Home Loan

What you need to know about cash-out refinances

Compass offers FHA 203 (k) rehabilition loans can help you refinance your home and give it some TLC. A 203 (k) limited loan has a $35k rehab cap, while a full 203 (k) doesn't have a limit on renovation costs. This funding can be used for a simple updates or major renovations, which could include:
• Energy-efficient windows and features
• Remodeling outdated kitchens and bathrooms
• Safety features for the elderly or disabled
• Plumbing and electrical updates

*Compass Home Loans, LLC is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other government agency.
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