• Tel: (281) 300-5260
    Email: answers@joelovrek.com

  • Fannie Mae HomeStyle Renovation Loan Draw Information

    • 1-5 draws allowed
    • No advances allowed; no materials draws allowed
    • Proof of permits required
    • Requests for use of contingency funds may be allowed with lender approval
    • Work must be completed within 6 months of closing (loan amounts over $75,000 up to 9 months)