Home Improvement


Construction Loans

Purchase or Refinance with a renovation loan to make your dream home a reality. With this one-time-close loan you can buy a fixer-upper and make it your dream home or remodel your current home instead of moving.


Buying a fixer-upper, or thinking about remodeling your current home and turning it into your dream home? Check out our Renovation Home Loan program.


Renovation Loan Program

This loan program, which is available on purchase and refinance loans, will finance the cost of the home and the cost to remodel into one loan. Just imagine, you can now buy that fixer-upper or distressed property and completely remodel it before you even move in. Repairs from as little as $5,000 to complete renovations, you can add new appliances, remodel your kitchen or bathroom, add a deck, new windows and doors,  fix structural problems, replace the well or septic, even add solar; with this program your options are unlimited.


Make your Dream Home a Reality

Buy a fixer-upper and make it your dream home or remodel your current home instead of moving



This loan program makes finding a new home so much easier. You no longer need to settle for less than you want. You can now shop the perfect location and find that home that you can turn into the home of your dreams.


  • Finance the home and the cost to remodel into one loan

  • One-time close, no separate construction loan is needed

  • Construction phase up to 6 months

  • Payments during construction can be rolled into the loan if house is not able to be occupied

  • Down payments as low as 3.5% of total cost, purchase price and improvements!

  • Appraisal based on finished value

  • Owner Occupied, Second Home and Investment Properties allowed

  • First-time home buyers – you can make your first home your perfect home

  • Credit scores to 580 – 600 score is needed for maximum financing


The steps to approval and the start of construction are easy.


Loan Application-This is the initial step in getting pre-qualified. The loan application will be completed, your credit report will be pulled and your loan will be electronically underwritten to determine the loan amount that you qualify for and a pre-qualification letter will be issued.

Find a Home-This is the fun part, find a home that needs repairs, a fixer upper or even a distressed property that is in a great location and make it your dream home or remodel your current home instead of moving.

Home Inspection-The home inspection is ordered through a HUD Approved Home Inspector. The inspector will make a list of any property repair requirements.

Contractor-Meet with your contractor to get bids on the work from the HUD inspectors list of requirements, and from the list of improvements that you want to have done.

Appraisal-The appraisal is ordered based on the finished value of the property.

Underwriting-The loan documents and appraisal will now be submitted to the underwriter for final loan approval.

Closing-The loan closes and construction can begin. Funds are disbursed as the work is completed and inspected by the HUD Inspector. When the work is done, the final inspection will be ordered and the balance of funds will be disbursed.


Here are just a few of the improvements that can be made:





  • Remodel Kitchen or Bathroom

  • New Appliances

  • Hardwood Floors

  • Carpeting

  • Thermal Windows and doors

  • Exterior siding

  • Deck

  • Wall removal

  • Roof and gutters

  • Septic or well replacement

  • Solar panels

  • Wood stove or Pellet Stove

  • Plumbing

  • Electrical

  • Finish basement

Call us today 303-838-7300, to learn more about the Renovation Home Loan or any other loan program that you are interested in.

Colorado Home Loans 

Mountain Financial Mortgage Group, Inc.

19501 E Mainstreet, Suite 200

Parker, CO 80138



Office  303-838-7300

NMLS #321427


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2018@  Mountain Financial Mortgage Group Inc.