FannieMae HomeStyle in Florida

The HomeStyle program allows borrowers to purchase a property and include the repair/ renovation costs in the loan.

Renovations must begin within 30 days of loan closing and be completed within 180 days.

There’s much more!

  • Add a pool, upgrade the kitchen and more!
  • Up to 50% of the as-completed value may be used for renovation/repair funds. Renovations/repairs must add value to the property and be permanently affixed.
  • 1-2 unit primary residence owner-occupied and 1-unit second home.
  • SFR/PUDs (attached/detached) and condominiums
  • Unfinished model home/new construction may be eligible on a case-by-case basis.

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