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Renovation Loans

Home - Loan Products - Renovation Loans

Being comfortable in your own home is one of the most important aspects of being a homeowner. Sometimes we don’t always love the way it looks, or it needs necessary updates and repairs. That’s where a Renovation Loan can bring your visions to life. A Renovation Loan allows you to make changes to your home now, and pay for them monthly over time. Even if you have little equity in your home, it’s still available for you to use. Although a Renovation Loan is available to you for small and big projects, you must show how that money was spent on the home and follow inspection requirements.

*CMG Home Loans is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency.

Ready to partner with us? Call John Teweles at 855-438-6845 to get started!

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  • 1-800-3-LOW-RATE
  • 32100 Telegraph Rd #220, Bingham Farms, MI 48025

John Teweles NMLS# 131233
Branch Manager
855-438-6845

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17170 West 12 Mile Road Southfield, MI 48076

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Capital Mortgage Funding is powered by CMG Home Loans, NMLS ID# 1820

CMG Home Loans is a registered trade name of CMG Mortgage, Inc., NMLS ID #1820 in most, but not all states. CMG Mortgage, Inc. is an equal housing lender. Licensed by the Department of Financial Protection and Innovation (DFPI) under the California Residential Mortgage Lending Act No. 4150025.; AK #AK1820; AZ #0903132; Colorado regulated by the Division of Real Estate; Georgia Residential Mortgage Licensee #15438; Hawaii Mortgage Loan Originator Company License No. HI-1820. Mortgage Servicer License No. MS068. Massachusetts Mortgage Lender License #MC1820 and Mortgage Broker License #MC1820; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000; Licensed by the Oregon Division of Financial Regulation #ML-3000; Rhode Island Licensed Lender #20142986LL; Registered Mortgage Banker with the Texas Department of Savings and Mortgage Lending, and Licensed by the Virginia State Corporation Commission #MC-5521. Licensed by the Washington Department of Financial Institutions under the Consumer Loan Act No. CL-1820. CMG Mortgage, Inc. is licensed in all 50 states and the District of Columbia. Offer of credit is subject to credit approval. NMLS Consumer Access (www.nmlsconsumeraccess.org) This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the State of New York will be accepted through this site

 

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