Find Out If 203K Loans Are Right For You

Get a quote on a 203K Loan & fix that home up in a hurry!

Understanding the 203K Loan...

We offer 203k Loan Rates that are Low & Our Process is FAST & Painless

An FHA 203K loan is a government backed loan for buyers looking to buy and repair a damaged or old home. Here’s how it works: Let’s say you wanted to buy a home that needed a new bathroom, and an FHA 203K lender would give you the money to buy (or refinance) the house, as well as the money to make necessary kitchen and bathroom renovations.  As a result of being backed by the Government, the required downpayment on a purchase 203k loan is 3 1/2 percent.

However, the loan will also include: 1) a reserve of up to 20% so that you have the funds to complete the remodeling in case it ends up costing more than the suggested estimates and / or 2) a reserve that will give you around six months, less mortgage payments, so you can live elsewhere during the renovation but still pay the mortgage payments on the new home.

As your Lender, we are here to ensure the home mortgage process is less intimidating by providing support and understanding designed to help guide you along the way, starting with our easy 203K Program Check.
Our process educates while explaining the 203k loan program. This proactive approach allows you to select the ideal 203k loan program terms for the first-time home buyer or seasoned investor.
Standard Process for the 203k Home Mortgage
Steps that explain how the loan process works:
  • Get Pre Approved for a 203k Construction Mortgage - Start 203K Loan Process
  • We provide options ideal for your unique individual scenario
  • Compare rates and terms for your 203k Construction Loan Mortgage Product
  • Select the Mortgage offer that best fits your needs

Why a 203K Loan?

The main advantage of FHA 203k loans is that they provide consumers the power to shop for a home that possibly is in need of repairs that you may not have been able to afford while in pristine condition. As a result of the condition, you can commit to completing the repairs and being an FHA Loan Product, the process can begin with as little as 3 ½ % (special product guidelines my apply).  

  • Fixed Rates
  • Adjustable Rates (ARM)
  • Conforming Loans
  • Jumbo & Super Jumbo Loans
  • FHA, VA, & USDA Loans

Get Your FHA 203K Construction Loan Rate Quote Today!

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Low Home Insurance Rates & Great Service

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Get Your FREE Refinance Analysis

Just answer the simple questions below to calculate a lower mortgage rate & payment. We make the process quick & easy.
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Get Your FREE Pre-Approval Letter

Do you know how much home you can afford? Take the first step by getting pre-approved here for FREE!
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What's Your Home or Condo Worth?

Never trust home value estimates based solely on your home address! Get the REAL value of your home here in just 60 seconds or less!
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