203k Renovation Loan Refinance and renovate all in one loan Americans interested in Real Estate are trying to adjust to today's real estate market and find more opportunities. Declining markets, credit tightening, and the disappearance of loan programs are just a few of the problems, some markets are filled with foreclosed homes that need repairs. One solution could be the 203k Renovation loan. It's a way to combine the cost of the renovations and the mortgage into one loan