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Can’t find your dream home? 🏡 Then find the location of your dreams — and make the house match with a Renovation Loan! 💡 Key Takeaways -Renovation loans use your after-improved value, not current equity. -You can renovate or even add onto a home you already own. -FHA and Conventional options both exist — with different flexibility. -Financing covers both the purchase and renovation costs. -Timelines usually run 45–60 days from start to close. In this episode of Brad the Mortgage Guy, Brad breaks down everything you need to know about Renovation Loans 101 — whether you’re buying a fixer-upper or refinancing your current home to make major upgrades. This isn’t theory — these loans are helping real homeowners across the country right now. 🔗 Work with Brad the Mortgage Guy - rate.com/bradsalerno 📞(413)221-1110 [email protected] Licensed in all 50 states + D.C. We help buyers and homeowners nationwide turn possibilities into places they love to live. 📌 Subscribe for weekly videos on buying, refinancing, and real-world mortgage strategies. #BradTheMortgageGuy #RenovationLoan #MortgageTips #HomeRenovation #FHA203k #HomeStyleLoan #MortgageEducation #DreamHome #HomeLoanAdvice #FixerUpper #RealEstateTips 00:00 Intro – What is a Renovation Loan? 00:40 Who Can Use Them (Buyers & Homeowners) 01:40 FHA vs Conventional Renovation Loans 02:18 What Kinds of Projects Qualify 03:45 How Value & Appraisals Work (After-Improved Value) 06:25 Understanding the Numbers & Down Payments 08:10 Loan Timelines & What to Expect 9:00 Getting Started with Your Renovation Loan