Can I get $20k in homestyle funds with 688 credit?

Yes.. conventional loans favor credit scores of 660 or above.. so long as you meet all other eligibility requirements, you should be ok.. if you want to know for sure, you should contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Sure thing, we also offer a simpler "repair escrow" option for up to $35,000 in improvements as long as none are structural in nature. I'm a renovation loan specialist, please let me know if I can help!

PS. the repair escrow option allow scores down to as low as 620 which is the minimum for any conventional loan.

As William said, your local mortgage guy is the best guy. I'm located in Salt Lake. If you are looking for renovations, the FHA 203K loan is a great option. The Energy Efficient loan is specifically for items that that make your home.. well... more efficient. Call me as 801.628.7667. I can meet you in several of my offices in Salt Lake. HelpMeWithAMortgage.com