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Home Improvement Loans

Looking to add some value or comfort to your home? Through our home improvement loans program, Blue Water Mortgage can help you make sure you have the money to get the job done. Whether you are renovating, remodeling, finishing a basement or attic, or just making your space more livable, we offer a variety of loans for home improvement. You may want to borrow if you are looking to:

Update a dated home

No need to move out. Increase or adjust your living space without leaving your neighborhood.

Customize your space

Make changes to your home to fit your lifestyle. Need a man cave? Playroom? In-law apartment? You can get financing for it.

Fix a foreclosure or short-sale

If you are trying to increase value on a home, a home improvement loan may be the best way to do it.

Why Blue Water Mortgage
No Surprises
No Surprises
With over 150 years of collective experience, our mortgage brokers have seen it all. This level of expertise enables us to anticipate and quickly resolve any issues that might arise and close on time, every time.
Personalized Services
Personalized Services
Buying a home is one of the biggest purchases you’ll make in your entire life. That’s why our brokers are available via phone 24/7 to address any concerns or answer any questions you might have about the mortgage process.
Competitive Rates
Competitive Rates
Blue Water is locally owned, so we aren’t beholden to banks. That means we’re able to offer a more diverse portfolio of mortgage products tailored to your specific needs, as well as more competitive rates and lower closing costs.
Rated five stars by our amazing customers.

My experience with Blue Water Mortgage was wonderful. As a first time home buyer, I had many questions and concerns. Laura pa…

Ali Quinton

We have worked with Blue Water Mortgage group several times over the years, they helped with our home purchase, sale and refi…

Angie Hoxie

They were wonderful to work with. I highly recommend them. Not only were they able to get me the best/lowest rate easily but …

Nathaniel Toutenel

We started my home buying experience we where told by many mortgage companies we had to wait 3 years. I was doing a VA loan. …

Mark Johnson

Working with Blue Water Mortgage Corp was a great experience. My wife and I could not be happier with the process. We felt li…

Richard Genest

Jason and Ann are the new Dynamic Duo! Our situation was less than perfect. Jason and Ann worked to make our dreams a reality…

Lisa Finch

I highly recommend Blue Water Mortgage! I sought to work with them because they have a reputation of being very patient and t…

Michele Cota

Roger worked with me on an extremely complicated deal, and his knowledge, persistence and excellence helped to pull everythin…

Adam Merrill

Laura was great to work with! She took the time to answer all my questions, kept me updated on the process, and helped to mak…

Amanda Hardman

We were referred to BlueWater Mortgage through our bank, The Provident and it was a great experience. From the start our cont…

Jeremy Kirkpatrick

I have worked with at least a dozen loan officers at different mortgage companies over the past several decades and Lee is by…

Jeff Burbine

I have worked with Blue Water twice now. They set the bar for excellence and professionalism. They communicate clearly about …

Jessica Felizardo

I don’t have the words to express just how fantastic Jason Caruso is over at Blue Water. I was absolutely blown away by…

Joe Randazzo

My husband and I recently went through Blue Water Mortgage as first time home buyers with the assistance of Derek and Jay, wh…

Erin Patnode

As a first time home buyer, I had no idea where to begin with the mortgage process. Our realtor referred us to Blue Water to …

Steph Cormier

Frequently Asked Questions

Can I exclude an installment debt like a car loan if I have less than 10 payments left?
Can I exclude debts that I co-signed (contingent liability)?
Can we roll closing costs into the loan on a purchase?
How do Open Charge Cards (AMEX) impact my debt ratio?
How many months of bank statements do I have to provide?

The Mortgage Process

Blue Water’s mortgage loan process timeline involves a series of five steps, some of which require sitting down with one of our experts to analyze all aspects of your financial health. Here’s what you can expect:
1. Getting to Know You & Getting On Track
In our first meeting, we’ll answer your questions and talk about the programs we offer that would best fit your situation.
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2. Getting Pre-Qualified
The next step in the mortgage loan process is applying for pre-qualification, which enables us to confidentially verify your credit, income, assets, and liabilities.
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Assessing Loan Programs & Rates
At this point, we’ll start to sort through and evaluate which mortgage best fits your needs.
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Obtaining Loan Approval
Once you’ve submitted your loan application, we’ll work with our lenders to help find you the best rate and most favorable terms possible.
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Closing the Loan
After your loan is approved, we’ll review the details once more to make sure you feel confident about the financial commitment you are about to make. Once all of your questions are answered, we will schedule a closing.
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Home Loan Resources

Worksheet

Use our Down Payment Worksheet to get a idea of what you can afford to spend.

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Checklist

Gathering the documents in this checklist will help speed up the application process.

Get the Checklist
Property Rating Worksheet
Worksheet

Our Property Rating Worksheet has helped countless home buyers make the necessary comparisons to ensure they're making the right decision.

Download Worksheet

Please be advised that your actual rate, payment, and cost could be higher. Get an official Loan Estimate before choosing a loan. This estimate is provided for informational purposes ONLY, to assist you in determining an estimate of cash that may be required to close and an estimate of your proposed monthly mortgage payment. Actual charges may be more or less, and your transaction may not involve a fee for every item listed.

Rate and APR based on the following assumptions: Purchase Price of $250,000, loan amount of $200,000, 80% loan to value, 740 credit score, single family property, primary residence, escrowing taxes and insurance, debt ratio within program guidelines.