Improvements that are NOT allowed with a HomeStyle Renovation Mortgage

December 19, 2017

There are many things that can be done to renovate your new home.  In fact, the list is so long, it seemed more effective to provide a list of all the ineligible improvements to a property.  Here's what you can't do: 

 

- You Can't tear down a home and rebuild it. 

- You can't move a house from one location to another

- You can't make improvements that are commercial in nature

- You can't convert a single family home to a mutli-unit home, or vice vers

- You can't build free standing buildings (except for a garage if zoning permits)

 

Other than that, you will be able to make any improvement that adds value to the property.  

 

 

 

 

 

 

 

 

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