Purchasing a home that needs renovations or making updates to your current home?

Let Northpointe Bank make it simple with one loan, one low rate, and a home that’s uniquely yours.

How does a renovation loan work? (It's simpler than you think)

From cosmetic fixes to larger renovations, Northpointe Bank offers several programs to help get the job done

Streamlined renovation
Great for remodeling a kitchen or bath, updating windows, or replacing a roof. Include up to 15% of the as-completed appraised value in your home loan for renovations.

Homestyle renovation
Ideal for small additions or a complete home remodel. This one-time close option allows for up to 11 months to complete work. Include up to 75% of the as-completed appraised value in your home loan for renovations.

Construction & renovation
Gutting an entire house or adding a major addition? Northpointe Bank’s construction loan offers one loan, one low rate, and one set of closing costs.

FHA 203(k)*
Finance renovation costs based on future improved value with one low-cost loan. Low down payment as little as 3.5% and up to six months to complete renovations.

*An approved FHA consultant must be used for this program. For FHA 203(k) purchase transactions the maximum loan amount is the lesser of the sales price + renovation costs or 110% of the after improved value, times the maximum loan-to-value. This is not a commitment to lend. All loans are subject to credit review and approval. Above programs not available in every state, contact your loan advisor for more information.

Projects & properties

Get started on fixing up a home today