Renovation Loans · Texas

Renovation Loans in Texas — Purchase + Reno in One Close.

Whether you're buying a fixer in Houston, doing a gut renovation in Dallas, or upgrading your Texas home to dream-home spec — Sean Shallis structures renovation-to-permanent loans nationwide.

Finance up to 90% of after-renovation value. Single close. No HELOC needed. AI budget tracking included. Sean originates through a national portfolio lender, with the same underwriter from application to close Private Wealth.

Get Your Reno Budget Book Strategy Call

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Renovation Lending in Texas

Texas renovators deserve a lender who gets it.

Sean Shallis is a national renovation loan specialist backed by one of the largest banks in the United States. He structures renovation-to-permanent loans that combine your purchase and renovation into a single close — financed against what the home will be worth after the work is done, not what it looks like today.

Whether you're buying a fixer in Houston, doing a major renovation in Dallas, or an investor doing value-add work in Texas — Sean's renovation loan programs are available nationwide with the same white-glove service and AI budget tracking.

Plan the Reno

Tell Sean about your Texas renovation vision. He structures the loan around the after-renovation value — not what the property is worth today.

Finance It All

One loan covers your Texas purchase (or refinance) plus the full renovation budget. Funds held in escrow, released as work completes.

Build with AI Tracking

Project Guardian monitors your renovation spend in real time. Draw requests, change orders, budget overruns — you'll know before your contractor does.

Buy & Renovate in Texas

Found a fixer in Houston or Dallas? Finance the purchase and full renovation in one loan. No separate construction financing.

Major Home Upgrade

Texas homeowners doing $100K+ renovations — kitchens, additions, full gut rehabs. Skip the HELOC and lock a single rate.

Physician Renovators

Physicians in Texas upgrading to dream-home spec. Combine with physician loan benefits for maximum purchasing power.

Value-Add Investors

Investors doing value-add renovation on Texas properties. Finance based on what the property will be worth after the work.

90%

After-Reno Value

Finance up to 90% of the after-renovation appraised value

Single Close

One loan, one closing, one rate — purchase + renovation combined

HELOC Needed

No separate home equity line or construction loan required

Budget Tracking

Project Guardian watches your contractor spend in real time

Sean vs. Typical Texas Alternatives

HELOCs, FHA 203k, and traditional construction loans all have trade-offs. Here's how Sean's program compares for Texas renovators.

Feature

Working With Sean

HELOC

FHA 203k

Single close (purchase + renovation)

—

Based on after-renovation value

—

No existing equity required

—

Interest-only during renovation

—

No FHA mortgage insurance

—

Renovation budget in escrow

—

No HUD consultant required

—

AI budget tracking (Project Guardian)

—

Works for jumbo amounts ($1M+)

—

Portfolio lender (keeps your loan)

—

Renovation Loans Across Texas

Sean works with renovators in every Texas market — and nationwide.

Houston, TX

Renovation-to-permanent loans for buyers and homeowners renovating in Houston. Finance based on after-renovation value.

Dallas, TX

Renovation-to-permanent loans for buyers and homeowners renovating in Dallas. Finance based on after-renovation value.

Austin, TX

Renovation-to-permanent loans for buyers and homeowners renovating in Austin. Finance based on after-renovation value.

San Antonio, TX

Renovation-to-permanent loans for buyers and homeowners renovating in San Antonio. Finance based on after-renovation value.

Houston Methodist

Physicians and staff near Houston Methodist can combine renovation loans with physician loan benefits.

UT Southwestern Medical Center

Physicians and staff near UT Southwestern Medical Center can combine renovation loans with physician loan benefits.

Baylor Scott & White Health

Physicians and staff near Baylor Scott & White Health can combine renovation loans with physician loan benefits.

MD Anderson

Physicians and staff near MD Anderson can combine renovation loans with physician loan benefits.

Renovation Loan FAQ — Texas

What's the minimum renovation amount for a Texas property?

The program works best for renovations of $75K or more on Texas properties. For smaller projects, a HELOC or personal loan may be simpler. Sean will help you determine the right structure based on your scope of work.

How does after-renovation value work in Texas?

The appraiser evaluates what your Texas home will be worth after the planned renovation — based on your contractor's scope of work and local comparable sales in Houston, Dallas, and surrounding areas. You can finance up to 90% of that future value.

What are the contractor requirements in Texas?

Your contractor must be licensed in Texas, insured, and provide a detailed scope of work with line-item budget. Sean's team reviews the bid to ensure it aligns with the appraisal. You can use your own contractor — no approved-list restriction.

How long does the renovation period last?

Typical renovation periods are 6-12 months, depending on scope. During this time you pay interest-only on the drawn amount. Once the reno is complete, the loan converts to your permanent mortgage automatically.

Can I combine a renovation loan with a physician loan in Texas?

Yes. Physicians in Texas can access renovation-to-permanent financing with physician loan benefits — including favorable DTI treatment of student loans. Sean structures these regularly for physicians at Baylor College of Medicine and across the state.

How is this different from an FHA 203k?

No FHA mortgage insurance premiums (saving you hundreds per month), no HUD consultant requirement, higher loan limits (jumbo-eligible), and faster processing. Sean's program is conventional — cleaner, simpler, and often cheaper long-term.

Why not just use a HELOC for my Texas renovation?

A HELOC requires existing equity in your Texas property, has a variable rate, and doesn't protect your renovation budget in escrow. Sean's renovation loan finances based on future value, locks your rate, and holds funds in escrow so your budget is protected.

What happens if the renovation goes over budget?

Project Guardian's AI budget tracking catches overruns early. If a change order is needed, Sean works with you to adjust. A contingency reserve (typically 10-15%) is built into the original loan to cover unexpected costs.

Ready to finance your Texas renovation?

90 seconds with Rosie to get your renovation budget estimate. No credit impact. No obligation. Or book a 20-minute strategy call with Sean.

Get Your Reno Budget Book Strategy Call

Know Texas before you borrow

How closings work in Texas

Title companies run closings statewide, and the seller customarily pays for the owner's title policy. There is no state income tax.

Taxes and transfer costs

With no income tax, property taxes carry more of the load and are higher than most buyers from other states expect. The homestead exemption matters, and the Texas constitution places its own limits on home-equity and cash-out lending that do not exist elsewhere.

Insurance that shapes the file

Hail and wind drive premiums across the state; coastal counties rely on the Texas Windstorm Insurance Association for wind coverage and often need flood insurance too.

Where people are buying

Houston · Dallas–Fort Worth · Austin · San Antonio · the Rio Grande Valley. First-time and lower-down-payment programs run through the Texas Department of Housing and Community Affairs (TDHCA).

Plain-English notes, not legal or tax advice. Sean originates in all 50 states. Everything about mortgages in Texas →

More for Texas: Texas mortgage guide|Physician loans in Texas|Construction loans in Texas|VA loans in Texas|Private wealth mortgage in Texas

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