After 34 years in the area, Innovation Construction Co. can safely be considered a local fixture. We offer a range of home improvement services from building Home addition and decks to remodeling kitchens and baths. The website has the details. Since our goal is to make sure our clients get the best possible product within their budget, we’re adding another service to make that happen. We can now help facilitate low cost loans so our homeowner clients can more easily afford the best version of their home improvement dream..

We’re not offering to be your bank (pretty much a red flag for a builder to make that promise) and we don’t pretend to have an exclusive line to low-cost, non-equity based funding. We can, however, provide a shortcut to some required pre-approvals for an FHA-insured Title 1 loan: up to $25,000 for home improvements with no equity required, no appraisal required.

Homeowners interested in obtaining funding through the FHA Title 1 Home Improvement Program must have an estimate or contract to obtain a loan.

Innovation Construction Co. offers the credibility of being an FHA bank-approved contractor.

That’s one line checked off on the paperwork.

We also can use our contractor network to put you in direct negotiations with one of the two national lenders in the area that offer funding for remodeling projects through the FHA Title 1 Home Improvement Program: Home Loan Investment Bank in Warwick, R.I. Home Loan Investment Bank performs the required due diligence on the remodelers who use this service. To work with the bank, contractors and remodelers must provide the bank with general information, including:

Proof of liability insurance
A business license
A listing of the types of home improvement projects they do.

We already have our contacts there, they know us, have vetted us, and have no need to bog down the process by vetting us again.

That’s one more line checked off, before you’ve even started.

The Title I loans are a great option for otherwise qualified homeowners who have little or no equity. But HUD/FHA does not set the interest rate. Interest rates are negotiated between the borrower and the lender. And the folks at Home Loan Investment Bank recently notified me that their rates are now as 3.95% fixed.

So if you’d like a little help getting connected with one of these home loan opportunities, please feel free to get in touch with us. Our work is guaranteed. And our consultations are always free.

Innovation Construction Co.is an A+ BBB-Rated home improvement contractor with a 7-year BBB No-Complaint Accreditation. We are GREEN CERTIFIED and A/Rated on Angie’s List. Keith is credentialed as a Certified Aging-in-Place Specialist (CAPS) through (NAHB), the National Association of Home Builders.) We are a local business with pride of workmanship and the experience and expertise to be your one-stop builder and remodeler.

For over three decades, we have successfully facilitated the remodeling dreams of homeowners across South Shore and Southeastern MA, including Duxbury, Wareham, Marion, Rochester, Kingston, Plymouth, Plymouth County, and the Upper Cape.

Innovation Construction Co. Design & Build is proud to offer Green Building options. We are dedicated to incorporating sustainable living solutions into our projects.

Check out our remodeling reviews on Angie’s List. And check us out on Facebook!

Chuckle of the Week

Q: With the current market turmoil, what’s the easiest way to make a small fortune?
A: Start off with a large one.