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FHA 203K

Federal Housing Administration 203K Streamline

This is a variation of the above FHA loan. This loan, however, allows the borrower the flexibility of adding renovation or repair costs into the loan. Maximum amount is $35,000 and there are restrictions, but if you need to do some renovations to your current homeā€¦. Or the fixer upper you have found needs some work, a 203k streamline might be the answer you were searching for.

 

What people are saying

We've used David Tyndall and Mortgage Choice twice now -- once for a refinance and once for a purchase of a place at the beach. Both experiences have been perfect. David walked us through the maze that is now the mortgage industry, anticipating potential problems before they occurred and managing those that did without any stress to us. I wouldn't consider doing a mortgage without him. And in addition to his professional expertise, he's just a great guy to work with. Do yourself a favor if you have needs in the mortgage arena, and hire Mortgage Choice.

Glenn Raynor