Is the conventional homestyle program dead?

[Patrick Boutin]

I am interested in purchasing a home in need of work in order to do renovations.

A while back I'd looked into FHA's 203k program and was told that just the 203k is available for FHA, that Conventional loans had their equivalent in what was called the Homestyle loan program for conventional loans.

After speaking to a local loan officer, I was told these programs were no longer available.

Is that true? Is it no longer possible to use Conventional Homestyle mortgages? Is the 203k the only available option these days?

Any insights would be greatly appreciated. Thank you!