Renovation Loans

Turn a place with potential into the home of your dreams with a Mid Valley Funding renovation loan. We offer several products for minor or major upgrades on a home. Our renovation programs make it convenient for you to improve a property by including the extra financing in a purchase or refinance loan. Find out how easy it can be by contacting us today. 

FHA 203(k) Standard or Limited Renovation Loans
The FHA 203(k) Standard gives buyers with limited disposable cash the ability to afford both a home purchase and the repairs needed. Additional benefits are a low down payment and option for the seller to pay part of the closing costs. The FHA 203(k) Limited is one loan offering a maximum of $35,000 toward minor updates. 

Fannie Mae HomeStyle® Renovation Loan
HomeStyle® prevents borrowers of a purchase or refinance from having to get a second mortgage to renovate and is offered to both homebuyers and investors.


Mid Valley Funding & Investments, INC. offers the Federal Housing Administration Loan (FHA) to assist borrowers who may need a low down payment and flexible mortgage guidelines. The FHA loan is a great product that helps many people refinance or become homeowners. 

  • low down payment required - Can be a gift; see your Mid Valley Funding Mortgage Loan Officer for details.
  • Under the FHA streamline program, current FHA loan borrowers can refinance with no appraisal.
  • Seller can contribute to borrower's closing costs.


Veterans Affairs (VA) loans are making the dream of homeownership a reality for millions of veterans and military personnel. VA loans guarantee a maximum of 25% of a home loan amount up to $104,250 for qualifying borrowers.

One of the primary benefits of a VA loan is that it offers 100% financing for purchases and refinances without requiring mortgage insurance. Funding gifts are allowed and the seller can pay off veteran debt if necessary to qualify for the loan.

How It Works:
VA loans are equal opportunity loans for all qualified veterans and military personnel who meet service requirements.

Who It's For:

  • Veterans and Military Personnel.
  • Qualifying borrowers who want low and no-down payment options.
  • Qualifying homeowners who want to refinance.
  • Veterans who want a loan without mortgage insurance.


Mid Valley Funding & Investments, INC. assists borrowers in rural areas with the USDA guaranteed loan. The USDA loan provides low and moderate income borrowers with better affordable housing finance options with little or no down payment or out of pocket costs. The property must be located within a designated USDA area.

  • Seller can contribute to the borrower's closing costs.
  • Flexible mortgage guidelines.
  • Income and property restrictions do apply.

Bond Program: Mid Valley Funding & Investments, INC. is a proud supporter of the state mortgage programs that assist first time homebuyers with possible down payment and closing cost assistance.

  • First time homebuyer restrictions do apply.
  • State specific program. See your Movement Mortgage Loan Officer for details.



Mid Valley Funding & Investments, INC. offers sophisticated mortgages to borrowers who may not expect to be in the home for a long period of time. The adjustable rate mortgage is fixed for a period of time and can adjust thereafter. Your Movement Mortgage Loan Officer will be glad to assist you in determining which mortgage program will best fit your needs. Since the interest rate may rise over time, it is not recommended for every borrower.


If you're in the market for a home that requires a loan exceeding the standard limit of $417,000, don't despair. Thanks to our investor relationships, Movement Mortgage has the backing to offer jumbo loan programs for borrowers who want an amount above $417,000 with in-house underwriting.

How It Works:
Mid Valley Funding & Investments, INC. offers a variety of jumbo loans above $417,000 with low down payment and lower than average interest rates.

Who It's For:

  • Borrowers in the market for a home loan above $417,000.
  • Borrowers who want a high loan amount with waived mortgage insurance.


Mid Valley Funding & Investments, INC. conventional loans come in a variety of options and with excellent advantages for borrowers who have a strong down payment. Under a conventional loan, a borrower with 20% equity can eliminate mortgage insurance.

While FHA and other government loans can have certain property restrictions, a conventional loan can be used on nearly all property types.

How It Works:
Movement Mortgage offers a variety of home loans with fewer restrictions than government loans and the possibility of eliminating mortgage insurance.

Who It's For:

  • Homebuyers who don't want to add mortgage insurance to their payments.
  • Homebuyers shopping for properties commonly restricted by government loans.
  • Refinancers who want to drop mortgage insurance.


If you are house rich but cash deprived, a reverse mortgage may be the answer. The Home Equity Conversion Mortgage (HECM) loan offered by Movement Mortgage is for homeowners 62 or older and can help borrowers be more financially secure and maintain quality of life through retirement.

HECM uses the value of your home's equity to provide monthly or lump sum money while allowing the homeowner to stay in the home without making mortgage payments. The loan eliminates the existing mortgage and proceeds are tax-free. 

How It Works:
Homeowners older than 62 can tap into accumulated home equity to eliminate current mortgage payments and release cash flow.

Who It's For:

  • Homeowners at least 62 or older with built-up home equity.
  • Senior homeowners in need of cash flow to cover other expenses.
  • Senior homeowners who want to eliminate mortgage payments.
  • Borrowers who want to have improved quality of life.