PRM offers the FHA Streamlined 203K loan which helps homebuyers quickly and easily tap into cash to pay for property repairs or improvements. This loan allows borrowers to purchase or refinance a home and the cost of its rehabilitation through a single mortgage. FHA's Streamlined 203K program permits homebuyers to finance up to an additional $35,000 in remodel and upgrade items, plus another $8,000 in energy efficient items into their mortgage.
Let your remodel and upgrade imagination go wild:
- Minor kitchen and bath remodels
- Roofs, gutters and downspouts
- Flooring: carpet, tile, wood, etc.
- Interior and exterior painting
- New windows and doors
- Weather stripping & insulation
- Energy efficient improvements
- Decks, patios, porches
- Basement completion and waterproofing
- Septic or well systems
- Landscaping or yard work
- HVAC systems (heating, venting and air conditioning)
- Plumbing and electrical
** Borrowers must occupy the property. Work must start within 30 days from closing and work must be completed within six months.
Call today for more information on
this loan or any other type of
home financing you may be interested in.
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