About FHA 203k Loans
The FHA 203k loan is a great option for properties needing minor renovation, repair, upgrades and/or improvements.
Benefits include the ability to purchase or refinance, and improve the home, all-in-one using the after-improved value.
If you feel you are a good candidate for an FHA 203k loan, or if you would just like to learn more about them, we encourage you to reach out to one of our dedicated Mortgage Advisors.
While everyone’s situation is different, we take special care to guide you toward the right mortgage product to meet your needs!
What is it?
- A mortgage product guaranteed and insured by the Federal Housing Administration allowing you to purchase/refinance a home that needs improvement with a single mortgage.
- Similarly, requirements of 203k mimic the same qualifications for a traditional FHA mortgage.
Who can it help?
- Certainly great for those looking to improve your current home.
- Additionally, ideal for those with qualifications that do not fit conventional lending requirements.
To view our list of loan programs, click here.