Eligible improvements vary by program — FHA 203(k), HomeStyle, and VA each have their own scope rules. Generally, renovation loans fund repairs, systems, structural work, and many remodels that add lasting value. Luxury and recreational items may be limited. Ryan and Steve help you match your wish list to what your chosen program will actually approve.
Renovation loans are built for work that makes the home safer, more functional, and more durable — plus remodels that add lasting value when they fit program rules. Items often included in an approved scope of work:
Pools, outdoor kitchens, and other luxury or recreational features may be restricted depending on program and lender. We align your scope of work with what underwriters and consultants will sign off on before you write an offer.
Each renovation program handles a different project size and type. Here is how they compare for typical improvement scope.
The scope of work is the backbone of every renovation loan — and it needs to be right before you write an offer.
Related guides to scope your project and move toward pre-approval.
Which repairs can roll into your mortgage vs. cash or a separate home-equity product.
Pools, outdoor kitchens, and other high-end items — what programs may restrict.
Timing, draws, and when work can start after closing.
Programs, calculator, and the full renovation hub.
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Share your renovation wish list with Ryan & Steve. We will build a scope of work that fits program rules and get you pre-approved before you write an offer.