Renovation/Build Loan Types
Building the Home of Your Dreams
If you are purchasing a fixer-upper or building your dream home from the ground up, Gateway Mortgage has the products and expertise you need. Take your time browsing the loans below or reach out to one of our local offices. We’re here to help!
One-Time Close Construction Loan
Combines the construction loan and final mortgage into one loan, saving the time and money associated with a second closing.
Fannie Mae’s HomeStyle Loan
Helps homebuyers finance a wide range of major and luxury-based renovations not generally allowed with other programs.
FHA 203(k) Mortgage
Combines a traditional, government-backed mortgage with financing for renovations and repairs all into one loan.
FHA 203(h) Loan
Is designed to repair or rebuild homes that were damaged or destroyed in a federal disaster area. It can also be used to purchase a new home.