Renovation Loans in West Palm Beach, FL | Bill Liebertz
If you’ve found a home that’s almost perfect — but needs a little work — a Renovation Loan in West Palm Beach, FL could make it your dream home. At Bill Liebertz – Mortgage Broker, we help homebuyers and homeowners finance both the purchase price and the cost of repairs or upgrades with a single, streamlined mortgage.
Whether you’re buying a fixer-upper, remodeling your current home, or upgrading investment property, our Renovation Loan programs offer flexible options, low down payments, and expert guidance from a trusted West Palm Beach mortgage professional.
What Is a Renovation Loan?
A Renovation Loan is a type of mortgage that combines home purchase or refinance costs with funds for renovation, remodeling, or repair work. Instead of taking out separate loans for construction and purchase, you finance everything together — with one application, one monthly payment, and one interest rate.These loans are ideal for buyers who want to turn an older property into a modern masterpiece or current homeowners looking to remodel kitchens, add bedrooms, or improve energy efficiency.
At Bill Liebertz – Mortgage Broker, we specialize in popular programs like the FHA 203(k) Loan, Fannie Mae HomeStyle Renovation Loan, and other private renovation financing options available throughout Palm Beach County.
How Renovation Loans Work
Getting a Renovation Loan in West Palm Beach, FL is easier than most people think. Here’s what to expect:
- Pre-Approval: We evaluate your income, credit, and renovation plans to determine eligibility.
- Property & Project Assessment: The property’s value is appraised based on the “after-improvement” value (ARV) — what it will be worth after renovations.
- Contractor & Repair Estimates: You’ll provide licensed contractor bids outlining the scope and cost of work.
- Loan Processing & Approval: Once approved, funds are allocated for both purchase/refinance and renovation.
- Renovation Phase: Funds for renovations are disbursed in phases, known as draws, as each stage of the work is finished and verified through inspection, ensuring that repairs are completed properly before additional funds are released.
The result? A fully upgraded home with instant equity and one manageable mortgage payment.
Who Can Benefit from a Renovation Loan
Renovation loans are a great choice for a wide range of borrowers across West Palm Beach and Palm Beach County. These loans make it simple to transform a property with untapped potential into the dream home you’ve always envisioned — combining affordability with the flexibility to customize your space.They’re ideal for first-time homebuyers who find affordable homes that need a few updates or repairs. Instead of passing on a fixer-upper, buyers can finance both the purchase and improvements in one loan, making it easier to personalize their new home.
They also work well for current homeowners who want to remodel or expand without juggling multiple loans. Whether it’s a kitchen upgrade, room addition, or modernizing older spaces, a renovation loan provides the funds to enhance comfort and value.Real estate investors can also benefit by improving rental or resale properties. Financing renovations through one mortgage helps investors manage costs and increase returns more efficiently.
Finally, Florida buyers looking at older or storm-prone homes can use renovation loans to cover important upgrades like new roofs, impact windows, or foundation repairs ensuring safety and long-term durability.In Palm Beach County, where vintage charm meets modern demand, renovation loans help more buyers see the potential in properties that might otherwise be overlooked.
Benefits of Working with Bill Liebertz – Mortgage Broker
Choosing Bill Liebertz means choosing a mortgage professional who understands the unique challenges and opportunities of the West Palm Beach housing market.
Local Market Expertise: We know the neighborhoods, property values, and renovation trends across West Palm Beach, Palm Beach Gardens, and Wellington. That insight ensures we structure your loan correctly based on realistic project budgets and timelines.
Access to Multiple Lenders: As an independent broker, Bill works with a wide network of national and private lenders, allowing us to find the best interest rates and loan terms for your renovation project.
Streamlined Process: We manage everything — from contractor coordination to appraisal reviews — making the process smooth, efficient, and stress-free.
Personalized Service: Every client works directly with Bill, receiving expert guidance from pre-approval to final inspection. No call centers, no delays — just hands-on mortgage expertise.
Typical Renovation Projects in West Palm Beach
Many homes in West Palm Beach were constructed before today’s modern building codes and energy efficiency standards, making renovation loans an excellent way to update, repair, and enhance older properties to meet current requirements.
Popular upgrades financed through renovation loans include:
- Roof repairs and hurricane-resistant windows
- Kitchen and bathroom remodels
- HVAC and electrical system replacements
- Room additions or home expansions
- Exterior upgrades and landscaping improvements
Whether your home is near Downtown West Palm Beach, Flamingo Park, or SoSo (South of Southern), our loan programs can help transform your property into something spectacular.
The Renovation Loan Process with Bill Liebertz
Here’s a quick overview of how we help clients achieve their renovation goals:
- Consultation: Discuss your home improvement plans with a licensed mortgage expert.
- Pre-Qualification: Determine your borrowing capacity based on credit and home value.
- Loan Application: Submit required documentation and contractor bids.
- Appraisal & Underwriting: The property is appraised based on post-renovation value.
- Loan Closing: Funds are released for the purchase/refinance and renovation phase.
- Project Completion: Work is completed, inspected, and verified before final disbursement.
Throughout the process, we ensure all FHA, Fannie Mae, and local building requirements are met for a seamless closing.
Areas We Serve in Palm Beach County
While based in West Palm Beach, Bill Liebertz – Mortgage Broker proudly serves homebuyers and homeowners across:
- Lake Worth, FL
- Palm Beach Gardens, FL
- Wellington, FL
- Boynton Beach, FL
- Riviera Beach, FL
- Delray Beach, FL
We bring the same expertise and customer care to every client, whether you’re remodeling a beachfront home or upgrading a suburban property.
📞 Call: (845) 820-9585
📧 Email: sharon@gorascal.com
🌐 Website: www.billliebertzmortgage.com
📍 Serving: West Palm Beach, FL and surrounding Palm Beach County communities
FHA 203(k) Renovation Loan
The FHA 203(k) loan, backed by the Federal Housing Administration, is among Florida’s most popular renovation financing options. It allows homebuyers and homeowners to combine the cost of purchase or refinancing with needed repairs or improvements into a single, convenient loan. It allows you to finance both the home purchase and renovation costs with a low down payment (as little as 3.5%).
Fannie Mae HomeStyle Renovation Loan
The HomeStyle Renovation Loan, backed by Fannie Mae, provides flexible financing for both homebuyers and existing homeowners. This program can be applied to primary residences, vacation homes, and investment properties, offering exceptional versatility for homeowners and investors looking to renovate or improve different types of properties under one convenient loan option.
Experience the Difference with Platinum Capital Advisors
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Every borrower’s journey is unique. That’s why we tailor loan solutions—whether it’s FHA, VA, Jumbo, or investment loans—to match your personal goals.
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We walk you through every step of the process, making sure you feel confident and informed from application to closing.
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With a presence across New York, New Jersey, Florida, Tennessee, and North Carolina, we combine national resources with local insight to give you an edge.
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At Platinum Capital Advisors, our goal is to build lifelong relationships by being a trusted partner for all your homeownership and investment needs.
Conventional Renovation Loans (Private Options)
For borrowers with stronger credit or larger-scale projects, Bill Liebertz offers conventional renovation loans from private lenders. These loans often feature higher limits, shorter processing times, and more flexibility for custom renovations or luxury properties in Palm Beach Gardens, Wellington, and Boynton Beach.
Why Choose a Renovation Loan in West Palm Beach, FL
West Palm Beach is filled with charming older homes, many built decades ago with incredible potential. However, many of these properties need updates — from roofing and electrical upgrades to new interiors. Instead of walking away from a fixer-upper, a Renovation Loan helps you buy and improve it in one transaction.
Here’s why homebuyers and homeowners in West Palm Beach love renovation financing:
- Finance purchase and repairs together: One loan, one closing, one payment.
- Increase property value: Renovations can add equity and boost resale potential.
- Perfect for older Florida homes: Ideal for upgrades like storm protection, plumbing, or HVAC improvements.
We are known for
Personalized Mortgage Solutions
Diverse Financing Options
Fast & Transparent Process
Comprehensive Loan Programs
"FAQs"
We offer a wide range of programs including FHA, VA, Conventional, Jumbo, DSCR, Fix & Flip, Renovation Loans, Bank Statement Loans, Non-QM, USDA, Reverse Mortgages, Adjustable Rate Mortgages, Purchase Loans, and Refinance options.
Not at all. Many of our programs, such as FHA, VA, and Non-QM loans, are designed for borrowers with lower credit scores or unique financial situations. We’ll work with you to find the best option for your circumstances.
We are licensed in New York, New Jersey, Florida, Tennessee, and North Carolina. Within these states, we serve areas like the Hudson Valley, Long Island, Bergen County, Miami, Nashville, Charlotte, and more.
Our team will evaluate your financial goals, income, credit history, and property type to recommend the loan program that fits your needs best. We believe in personalized solutions, not one-size-fits-all lending.
The timeline can vary depending on the loan type and your unique situation, but most loans close within 30–45 days. We focus on a smooth, efficient process with clear communication every step of the way.
Start Your Renovation Journey Today
Ready to turn your fixer-upper into your dream home? Contact Bill Liebertz – Mortgage Broker today to explore your options for Renovation Loans in West Palm Beach, FL. We’ll help you find the right loan, manage the process, and make your vision a reality.
