If you are looking for the right FHA 203k for your needs, you have come to the right place. We offer what is called the Full FHA 203k. Unlike the “streamline” version that limits what repairs you can finance and limit you to a total of $35k in repairs. We offer a Full FHA 203k loan that allows you to make as much in repairs as you need as long as it is under the max FHA loan amount and the min amount of repairs is $5k. But enough with the boring details let’s talk about what is covered under this awesome loan program:
Use it for buying your dream home and the repairs/improvements needed.
Use this loan as a refinance option to do the needed upgrades to your home
Finance Structural Additions to your home like an extra bedroom, game room, man cave, etc
Add or improve a garage, as long as it is attached to the home
Demolish an existing home and build a new one, as long as the original foundation is used
Transport an existing home to the new location
Install or repair septic system or well system
Connection to public water or sewage systems
Repair or replace AC Units, Plumbing, Electrical,
Create accessibility for a person with disabilities
Repair or Replace Fences, Driveways, etc
Repair or Replace a Roof
Install a Refrigerator, Washer/dryer, oven, etc
Install or Repair Deck and/or Patio
Repair or remove an in-ground Pool, thou not install a new pool
And the list goes on…….
This FHA 203k loan can be a life saver for many homeowners or buyers. Call me today to find out more about this awesome program!