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LOAN OPTIONS / RENOVATION
Love the home. Planning some changes?
A renovation loan may combine your mortgage with eligible improvements. Tell us about the property and the work you want to do.
Plan the project and the financing
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Requirements
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Comparison
Home renovation financing
01 · Define the work
Some renovation programs let you finance approved improvements with a home purchase or refinance. Talk to us about the project before committing to a contractor or signing an agreement.
02 · Review the bids and requirements
We’ll need to discuss the work, contractor, written bids and timing. Programs differ in the repairs they allow and how funds are paid out. Inspections or staged payments may be required.
03 · Plan the budget and completion
Include a contingency in the project budget. We’ll explain how the completed home’s value is reviewed, how funds are released and how the work affects your loan and payment.
See it with your numbers
Try a price and down payment. Add the rate from your quote to see principal and interest.
- Down payment
- 10.0%
- Loan amount
- $270,000
- Principal and interest, 30 years
- Add your rate
Before taxes, insurance and mortgage insurance. Not a quote or a commitment to lend.
Open the full calculator
Before you call
Tick off what you have. You can start without all of it.
“He went above and beyond to provide a loan product which met our specific needs.”
Kevin Mehigh
Common questions
Still wondering about something? Call (517) 580‑5050 and we’ll walk through it with you.
What would you like to change?
Call us with the property details and a description of the work. We’ll talk through whether renovation financing could fit.
Talk to us
What to expect when you call
Your questions answered by a local loan officer
Options compared using your own numbers
A clear next step, with no obligation to apply
(517) 580-5050
114 W Main St, DeWitt
Loan approval is subject to credit, property and underwriting requirements. Some loan products may not be available in all states. Terms, rates and fees are subject to change. This website is not a commitment to lend.
Important mortgage disclosures
Payment estimates
Calculators are educational tools. Results use your inputs and assumptions and are not a rate quote, Loan Estimate, preapproval or guarantee. Actual payments and costs may differ. Include taxes, insurance, mortgage insurance and association dues where applicable.
Refinancing and home equity
Refinancing can involve closing costs and may increase total interest or extend repayment. A lower monthly payment does not necessarily mean a lower total cost. Compare the proposed terms with your existing loan. Borrowing against your home puts your home at risk if you cannot repay.
Application and account access
Apply now and Sign in lead to ShayMak’s existing external application portal. Review that portal’s privacy policy and terms before submitting personal or financial information. An application does not guarantee approval or a specific rate.
Company and licensing
ShayMak Mortgage, LLC. NMLS #1989312. Equal Housing Opportunity. Review current company and individual licensing information through NMLS Consumer Access. Program eligibility and availability depend on your situation and location.