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My experience was that I was declined for a renovation loan at 75% of the amount that I was approved for a normal mortgage, and was told the interest rates would be much higher on a renovation even if I were. My wife's credit score is over 800 and mine is in the upper 7's. The bank has nothing to secure the loan, so their requirements are more strict and the terms are much worse.
I'm not saying you couldn't get one, just that you probably won't get one, and if you do, it'll be a much higher interest rate on top of a lot more money down.
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