What is the FHA 203(k) Loan?
The FHA 203(k) allows homeowners and homebuyers an opportunity to purchase or refinance existing homes and finance 110% of the costs needed to improve the home! The 203(k) is ideal for neighborhood revitalization! This program is one of the fastest growing mortgage programs in the country.
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What you can do with the FHA 203(k):
☆ Include all repairs in the mortgage - with a minimum of $5000 in repairs
☆ Eliminate health hazards
☆ Put on an addition - add a second floor
☆ Remodel a kitchen, bathroom, etc.
☆ Replace Siding, roof, gutters, downspouts, etc.
☆ Update the plumbing, heating and electrical systems
☆ Install or repair the well and/or septic system
☆ Replace flooring, carpeting or tile
☆ Make energy conservation improvements: Double pane windows and doors, insulation and caulking
☆ Add a deck, patio or fencing
☆ Repair an existing swimming pool
☆ Replace free standing appliances
Get the answers to all of your questions!
Call Jeff Belonger to help you with your financing needs.
1-888-835-1663
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For more information on FHA loans, please go to this link. The FHA Expert You can also go to this group : The FHA Mortgage Group
For more information on how you can obtain your dream home, please click here : Mortgage Financing Options
Copyright © 2007 by Jeff Belonger
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