Consists of two FHA based Programs named and/or referred to as the Limited/Streamline 203k and Standard/Full 203k, that allows consumers to finance both the Purchase Price or Existing Mortgage Balance and the cost of Renovations into one loan amount.Submit InquiryLearn more now
Newest to the market since around 2015 and quickly gaining more traction amongst multiple lenders this program is a VA Loan version of a Renovation Program that allows consumers to finance both the Purchase Price or Existing Mortgage Balance and the cost of Renovations into one loan amount.Submit InquiryLearn more now
Available programs in this category would be specific to properties that require loan amounts over $453,100.00 as of 2018 for a One-Unit Single Family Property. Note: Some Markets designated as “High Balance” will allow higher loan amounts with the HomeStyle Program.Submit InquiryLearn more now
Our Journey together will consist of providing resources, and information to help clear up misconceptions in the marketplace regarding these programs, and how they actually work.
Our Desire is that this site will help open up more dialogue, and opportunities for Consumers to better understand the benefits of these programs and expand their home search or home improvement options and experience.
Simply Put these programs are some of the Mortgage Industry’s best kept secrets!!! Welcome!!!!
When considering the use of the FHA 203k Program or any other Renovation Loan Program its important to first have a better understanding of what is referred to as Minimum Property Standards.
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