Rehab Purchase
NEW GUIDELINES ALLOW YOU TO PURCHASE AND RENOVATE YOUR HOME WITH ONE LOAN
FHA 203k streamline loans are for the rehabilitation and repair of single family properties.
- Borrower eligibility is similar to that of a standard FHA loan.
- The loan amount is based on the projected value of the property after improvements have been completed.
- Buyers can spend up to $35,000 to complete renovations.
- Buyers can renovate their homes without having to take extra cash out of their pockets or obtain secondary financing.
- One loan with one monthly payment covers the entire cost of the renovation!
- FHA loan limit of $406,250 in the Denver metro area.
- Your buyers will have exclusive access to the Essence Home renovation department to guarantee a beautiful and professional result.
Other financing options available, contact us today for more information