Renovation Branch

Renovation loans

Make upgrades now and pay over time so you can create your dream home

Home renovation loans

Guild Mortgage has an experienced renovation team and dedicated processing, underwriting and funding teams who will simplify the typically cumbersome process of a renovation loan and assist every step of the way. You can feel confident knowing your transaction is in great hands from start to finish.

What is a renovation loan?

One loan to purchase or refinance a home and include the costs to renovate, update or remodel.
  • Remodels and/or upgrades
  • Purchase a home “as-is” and make repairs after closing, with one loan
  • Refinance a home, use funds to pay off existing lien and repairs in one loan
  • 1-4 units and condominiums

Home renovation loan options

Conventional

  • Owner occupancy, second homes and investment properties
  • Down payment as low as 3%
  • Finance up to six months of mortgage payments
  • Fewer restriction on improvements
  • Luxury items allowed

FHA 203(k)

  • Requires owner occupancy
  • Down payment as low as 3.5%
  • HUD Consultant required
  • Structural improvements allowed
  • Some exclusions apply on landscape improvements
  • Finance up to six months of mortgage payments

FHA 203(k) Limited

  • Requires owner occupancy
  • Maximum repair amount of $35,000
  • Down payment as low as 3.5%
  • HUD Consultant not required
  • Structural improvements not allowed
  • Intended for minor cosmetic repairs
  • Mortgage payments cannot be included

National GuildHome Renovation Team

Danny Fitzpatrick

Renovation Branch Manager

Phone: (858) 987-7849
Fax: (858) 291-1002

[email protected]

Coverage area

The greater San Diego Area | El Centro | Northern California – South Bay Coastal including San Jose and Morgan Hill | Hawaii | Alaska

Tina Clark

Renovation Loan Specialist

Phone: (623) 570-5820
Fax: (866) 201-4042

[email protected]

Coverage area

Arizona | Utah | New Mexico | Nevada | Colorado | Wyoming | Idaho | Texas

Thomas Bouda

Renovation Loan Specialist

Phone: (714) 423-1060
Fax: (858) 386-7266

[email protected]

Coverage area

Orange County, CA | Inland Empire – Riverside, San Bernardino, Palm Desert, Indio and Kern Counties, CA | Greater Bay Area – Oakland, S.F., Richmond, Walnut Creek, Concard, Antioch | Oregon State

Tanya Morris

Renovation Loan Specialist

Phone: (702) 204-7609
Fax: (858) 682-2219

[email protected]

Coverage area

Greater Los Angeles Area | Santa Maria | Ventura | Bakersfield | Lancaster/Palmdale | Calabasas

Howard Nordberg

Renovation Loan Specialist

Phone: (916) 704-2828
Fax: (858) 375-5247

[email protected]

Coverage area

Inland California Valley | Greater Sacramento area | Placer, Solano, Sutter and Yuba Counties | Redding, Fairfield, Santa Rosa, Healdsburg | Utah

All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction. Renovation programs are eligible in the following states: AK, AZ, CA, CO, HI, ID, MO, NM, NV, OR, TX, UT and WY.