Depending on your renovation loan, the types of repairs you can make fall into one of two categories: Required Repairs brings the property up to code, while Optional Repairs help modernize or improve a property.
Required Repairs
- Replace roof
- Upgrade electrical
- Plumbing repairs
- Repair termite damage
- Mold remediation
- Interior or exterior paint
- Ventilate attic and crawl spaces
- Install smoke detectors
- Foundation Repair
Optional Repairs
- Kitchen update
- Bathroom remodel
- New flooring
- Room addition
- Pool/Outdoor living space
- Energy-efficient improvements
- Repainting inside/outside
- Siding
- Landscaping
Want to learn more? Watch this short video that explains more about what to expect with a renovation loan.