REMODEL

Don’t Move. Improve!

Don’t Move. Improve!

The Lake Area Mortgage Renovation Loan provides a simple and convenient way for borrowers to finance home improvements and renovations.

• Borrow against the as-improved value of the property

• Perfect for additions or finishing basements

• Can be used to purchase and renovate a fixer-upper

• Interest-only payments during renovation

• May increase your property value

• Avoid taking out a second mortgage

• Cash-out refinance available

• Increase your property value

• Perfect for additions or finishing basements

• Interest-only payments during renovation

• Avoid taking out a second mortgage

• Cash out refinance

• Consolidate 2nd mortgage

• Borrow against the as-improved value of the property

• Purchase and renovate a fixer-upper

COMPARE YOUR LOAN OPTIONS:

Review and compare our available home loan options!

© Copyright 2026 – Lake Area Mortgage®, a division of Royal Credit Union – NMLS ID# 543781  

1200 West County Road E, Suite 200 | Arden Hills, MN 55112
Phone  : (651) 209-2900 | Fax: (651) 209-2929