Unfortunately, Gary, with any financing, the lenders will not allow you to finance if repairs are needed or "in process". When it's a new purchase of an unfinished home, buyers are required to apply for a special rehab loan via FHA called a 203(k) loan. This loan encompasses the cost of the home and the cost of the renovations. I must be honest that I'm not sure if this would be an option for a refinance, but I would check with the lender, especially if you need money to complete the renovations. Best of luck to you!