If you want to update your kitchen, add a room or a garage or undertake any other major improvement to your existing home or investment property (including small multi – family properties) we have a loan for you.

 Depending on the extent of the remodeling, Mackinac will refinance your existing mortgage with a new fixed rate or ARM rehab loan that provides for construction draws during an interest only period while the work progresses. After the work is completed regular principal and interest payments will amortize the loan over a 15, 20, 25 or 30 year period. Our refurbishing loan works best for large improvement projects. It is not available for new construction.

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