Can I use the FHA 203k to fix up a house I already own?
got a foundation... we can build a house using the 203k program
got a house that needs a foundation... we can build a foundation using the 203k program
need to create a room addition... use the 203k loan program
need a garage... ditto
do you have a tiny bungalow and now garage on a "shotgun" lot... long and narrow? How about using the 203k to raise the home high in the air, install a slab for your new garage under the existing house.
as long as we have a portion of the original foundation we can ... use the 203k program to complete the rebuild
mixed use building with 6 residential over three stores... turn the residential into only 4 units and you can... use the 203k program to do the work
you are a builder looking for ways to create business... use the 203k program
got a 5 or six unit building that you need to rehab... turn it into a four unit building and you can.... use the 203k program to fix it up and convert it.
the 203k can create jobs, rehab 1-4 units. We have even taken old warehouse properties and turn them into 1-4 live work units, the borrower lives in one and rents the others out for additional income.
we are opening an office soon in New Orleans
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