--- title: Renovation for Brokers | Plaza Home Mortgage description: Plaza Home Mortgage® can help you take your business to new heights by taking on the booming renovation market image: https://info.plazahomemortgage.com/hubfs/FHA_203k_0720-2.jpg --- [Skip to Content](https://info.plazahomemortgage.com/reno-for-brokers#main) - [wholesale](https://www.plazahomemortgage.com/becomeabroker/) - [Non-Delegated Correspondent](https://www.plazahomemortgage.com/minicorrespondent/) - [national correspondent](https://www.plazahomemortgage.com/correspondentlending/) - [reverse](https://www.plazahomemortgage.com/reverse/) - [about us](https://www.plazahomemortgage.com/aboutus/) - [contact us](https://www.plazahomemortgage.com/contactus/) [logo links to homepage](https://www.plazahomemortgage.com/) - [Wholesale](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [Non-Delegated Correspondent](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [National Correspondent](https://www.plazahomemortgage.com/login/) - [Reverse](https://www.plazahomemortgage.com/login/) - [wholesale](https://www.plazahomemortgage.com/becomeabroker/) - [Non-Delegated Correspondent](https://www.plazahomemortgage.com/minicorrespondent/) - [national correspondent](https://www.plazahomemortgage.com/correspondentlending/) - [reverse](https://www.plazahomemortgage.com/reverse/) - [about us](https://www.plazahomemortgage.com/aboutus/) - [contact us](https://www.plazahomemortgage.com/contactus/) - [Guest Login](https://www.plazahomemortgage.com/login/) - [Broker Login](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [Mini-Correspondent Login](https://breeze.plazahomemortgage.com/epicportal/Default.aspx) - [Correspondent Login](https://www.plazahomemortgage.com/login/) - [Reverse Login](https://www.plazahomemortgage.com/login/) ![Renovation Landing_LANDING_0421](https://info.plazahomemortgage.com/hubfs/Renovation%20Landing_LANDING_0421.jpg) ## **Renovation is becoming an increasingly popular strategy in today’s high-cost, tight inventory housing environment. ** [Plaza Home Mortgage](https://www.plazahomemortgage.com/)® makes it easy to capture more business in this growing lending segment. We offer multiple renovation loan options and have a department of dedicated renovation specialists to walk you through every step.  For any and all questions you may have about renovation loans, contact us at [hereforyou@plazahomemortgage.com](mailto:hereforyou@plazahomemortgage.com).    --- **Plaza Renovation Program Lineup** **Fannie Mae® HomeStyle®** - Up to 95% LTV of the “as-completed” value - 85% LTV on 1-unit investment property; 90% LTV on a 1-unit second home - FICOs Per DU - Standard and Limited options available - Can be used for pools and manufactured homes - Improvements, including luxury items, that can be completed in six months are eligible --- **FHA 203(k)** - 620 FICOs - High Balance loan amounts - 1-4 unit properties, manufactured homes and condos - Standard and Limited options available - Manual underwriting available --- **Freddie Mac CHOICERenovation®** - Up to 97% LTV of the “as-completed” value - 85% LTV on 1-unit investment property; 90% LTV on a 1-unit second home - FICO to 620 - Improvements, including luxury items, that can be completed in six months are eligible --- USDA Renovation - Up to 100% LTV for USDA qualified buyers - Eligible for purchase transactions in [eligible areas](https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp) - Owner-occupied, detached SFR/PUD - 620 min FICO - Closing costs and upfront guarantee fee may be financed *\[check program guidelines for all requirements\]* --- **VA Renovation** - Up to 100% LTV on purchase, 90% on refi - Up to $50K toward improvements - 620 FICOs - Jumbo loan amounts up to $1,089,300 nationwide - Improvements, including luxury items, that can be completed in four months are eligible --- Contact your Plaza Account Executive to see how we can help you capture more business with these renovation programs. Not signed up to work with us yet? No problem. [Start here to become an Approved Plaza Broker](https://www.plazahomemortgage.com/brokercontactsheet/?hsCtaTracking=3244d10a-68e3-44e4-8cdd-e7ee98cf0d86%7Cd39f7193-34af-401c-88a2-2db5a3a98b71) [![Become a Plaza Broker](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/5238866/073acbfe-3df7-4d42-8f2b-cd41795da54a.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/5238866/073acbfe-3df7-4d42-8f2b-cd41795da54a) or call 866.260.2529 to get started today!       Fannie HomeStyle[![300_Fannie-Mae-HomeStyle_THUMBNAILS_0321](https://info.plazahomemortgage.com/hs-fs/hubfs/300_Fannie-Mae-HomeStyle_THUMBNAILS_0321.jpg?width=150&name=300_Fannie-Mae-HomeStyle_THUMBNAILS_0321.jpg)](https://info.plazahomemortgage.com/hubfs/PDF%20Flyers/300_Fannie%20Mae%20HomeStyle.pdf) FHA 203(k)[![304_FHA-203k-Standard_0321_THUMBNAILS_0321](https://info.plazahomemortgage.com/hs-fs/hubfs/304_FHA-203k-Standard_0321_THUMBNAILS_0321.jpg?width=150&name=304_FHA-203k-Standard_0321_THUMBNAILS_0321.jpg)](https://info.plazahomemortgage.com/hubfs/304_FHA%20203(k)%20Standard_0920.pdf) CHOICERenovation[![201_CHOICERenovation_THUMBNAILS_0321](https://info.plazahomemortgage.com/hs-fs/hubfs/201_CHOICERenovation_THUMBNAILS_0321.jpg?width=150&name=201_CHOICERenovation_THUMBNAILS_0321.jpg)](https://info.plazahomemortgage.com/hubfs/201_CHOICERenovation_0920.pdf) USDA Renovation  [![335_USDA_Renovation_THUMBNAIL_0522 (002)](https://info.plazahomemortgage.com/hs-fs/hubfs/335_USDA_Renovation_THUMBNAIL_0522%20(002).jpg?width=154&height=199&name=335_USDA_Renovation_THUMBNAIL_0522%20(002).jpg)](https://info.plazahomemortgage.com/hubfs/PDF%20Flyers/335_USDA%20Renovation%20Loan%20Program.pdf) VA Renovation [![VA Renovation Loan PDF Flyer](https://info.plazahomemortgage.com/hs-fs/hubfs/202_VA-Renovation_THUMBNAILS_0421.jpg?width=150&name=202_VA-Renovation_THUMBNAILS_0421.jpg)](https://info.plazahomemortgage.com/hubfs/PDF%20Flyers/320_VA%20Renovation%20Loan.pdf)   [![Plaza](https://info.plazahomemortgage.com/hubfs/Plaza_January2020%20Theme/images/LIVE-PHM-vert-REV-T_small.png)](https://www.plazahomemortgage.com/) - [Licenses](https://www.plazahomemortgage.com/licenses/) - [careers](https://www.plazahomemortgage.com/careers/) - [contact](https://www.plazahomemortgage.com/contactus/) - [borrower info](https://www.plazahomemortgage.com/customerservice/) - [press](https://www.plazahomemortgage.com/pressreleases/) - [policies](https://www.plazahomemortgage.com/privacy/) - [resources](https://www.plazahomemortgage.com/resources/) - [training](https://www.plazahomemortgage.com/calendar/) - [Privacy](https://www.plazahomemortgage.com/privacypolicy/) - - - [NMLS](http://www.nmlsconsumeraccess.org/) [Plaza NMLS 2113](http://www.nmlsconsumeraccess.org/)