Rehab Loans Designed for Your Next Project
Our Renovation loans give investors access to the capital they need to acquire or improve investment/rental properties. With competitive LTVs, flexible draw schedules, and options for both light and full rehab projects, Truly helps you stay on schedule and on budget. Whether you’re completing a light remodel or adding an ADU, our process is built for clarity, speed, and support at every stage.
Term
12-18 months
As Repaired / Improved LTV
Up to 75%
LTC
Up to 90% of cost
Loan Amounts
- $150,000 – $3.5M (Most programs)
- Up to $2M foreign national
- Higher limits eligible case-by-case
Property Types
- Single Family
- Condo / PUD
- 2–4 Unit Properties
- Townhomes
Purpose
- Renovation financing for investment properties
- Funding available for purchase + rehab
Programs
Renovation Loans
Ideal for investors completing light or full rehabilitation projects to improve property value.
- FICO: Case-by-case; tiered pricing
- Loan Purpose: Purchase, Rate/Term, Cash-Out
- Interest Only: Allowed
- Reserves: 3–12 months PITIA depending on loan size
- Eligible Properties: SFR, 2–4 Units, non-warrantable condos, rural (case-by-case)
- Prepayment Penalty: Standard 3-year, or as allowed by guidelines
