Rehab and Renovation Loans in Oakhurst CA

We Offer These Rehab and Renovation Loans in California

We can connect you with the following types of rehab and renovation mortgages:

Fannie Mae Homestyle Renovation

With this product, you can combine a conventional mortgage with the financing you need for renovations to a home.

FHA Standard 203(k)

This is the main version of the FHA financing product for renovating a home.

FHA Limited 203(k)

This is the streamlined version of the FHA financing product for renovating a home. It is an appropriate option if you do not need to borrow more than $35,000.

FHA 203(b) Repair Escrow

If you are interested in buying a HUD home and making repairs to it, you can do so using this lending product.

VA Renovation

If you are a veteran, active duty service member, or surviving spouse, you may buy and/or repair a home with a VA Renovation loan.

USDA Repair Escrow

When a home is liveable but fails to meet the USDA’s requirements, you can use a USDA Repair Escrow to finance the repairs, giving you the opportunity to move forward with the home purchase.

Do You Qualify for a CA Rehab or Renovation Loan?

The exact eligibility requirements for a rehab or renovation loan depend on the specific type of loan you are applying for. Each of the programs mentioned above has its own set of qualifications. But in general, you can expect the following factors to be assessed:

The home itself will need to meet specific criteria. There may also be limitations on the types of repairs or enhancements which are allowed for a particular rehab lending product.

You will need to be able to meet any timeframe requirements associated with the type of loan you are applying for. Some products require that you complete the upgrades or repairs within a certain number of days.

As with other types of loans, your credit score and DTI ratio will be considered when making a determination about your qualifications.

There may be down payment requirements to meet as well.

When you schedule a consultation with us, we will go over the different options you have for financing renovations to a home. We can help you identify the product which will be most appropriate to your needs. At that point, we can go over the requirements with you in detail.

Apply Now for a Rehab/Renovation Loan in Oakhurst

If you are ready to schedule a consultation for the financing you need for your rehab or renovation project, please give us a call today at 559-540-2275. We look forward to connecting you with the ideal rehab loan during your consultation.

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Granite West Funding, LLC is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.

Melissa De Graaff

21:27 17 Oct 24

We cannot say enough wonderful things about working with Eric Wood at Granite West Funding. We went into the situation not knowing much about the process. Eric helped us (while educating us) every step of the way!! We highly recommend Eric and his entire team, they were all fantastic, hardworking and a very kind group of people!!

Krissi O

13:52 08 Jul 24

Granite West has been our "go to" on several occasions and never disappoint! Quick results and always professional! Highly recommend!!!

Tammi Chumney

17:22 14 Feb 23

My husband and I just bought our first investment property and it is fabulous!!It was a very unique situation that demanded a lot of precise attention to details. Eric Wood was there every step of the way! Him and his team at Granite West funding are amazing professionals and very kind hearted people to work with. :) I just can’t say enough about our seamless experience with Eric Wood. Thank you to Jackie as well! We will be a regular clients for future investments and lending needs. Big thank you to you all from the Chumney’s!!

Sherry Andersen

01:02 10 Feb 23

We just finished a deal with Eric Wood and he was great to work with. He was extremely helpful and always responded quickly to our calls, texts or emails. I have worked with many people in the lending industry and can tell you that everyone at Granite West Funding is good at what they do. They had several options available for us and they handled our financing as if they were doing it for themselves or a loved one.Thank you Granite West Funding for making each of our transactions go quickly and smoothly!

Melissa McGregor

15:23 18 Nov 19

We recently executed a long distance purchase of a Condominium at Bass Lake, from the Los Angeles area. Granite West Funding handled our funding and walked us through the process via phone calls, text messaging and e-document signing, all of which helped get us closed in 30 days. Even with a snafu in the execution of escrow, Granite West Funding went above and beyond to resolve our problem in a more than satisfactory manner! These professionals care about their clients and their business reputation, and it showed! Thank you Granite West Funding!

Rehab/Renovation Loansin Oakhurst