Renovation Loan

If you have found a home that needs a little, or maybe a lot of TLC, Lakeland Mortgage has the financing you need to make your dream of a perfect home come true. Our Renovation Loan allows you to simply roll the costs of repairs or upgrades into the mortgage for the home you are buying.


  • Lower down payment required
  • One loan covers the purchase amount plus renovation costs
  • Renovation work can begin immediately after closing to get you into your home quickly
  • Just one application, one closing, and one monthly payment. It’s Simple!
  • Take up to six months to complete the work

Qualifying projects

  • New construction, such as room additions or adding a second floor
  • Major remodeling that requires structural changes
    • Those interested in purchasing a fixer-upper home that’s in need of upgrades, repairs, or larger renovation projects, even if the home is being sold “as is”.
  • Foundation or other structural repairs

What people are saying

Thanks to Lakeland Bank, I now have a better understanding of how to manage my finances on my own. Even while I am away at basic training, they are able to answer questions and provide guidance as I begin establishing a solid financial foundation.

Seaman Recruit J.D.

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