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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

Laura and the support staff at Mortgage Choice handled my transaction smoothly and efficiently. She made herself available based on my changing schedule. She explained all the details of the transaction, was available to answer any questions I had, and kept me informed as to the status of the procedure as the closing progressed. We closed on time, the good faith estimate was accurate, and there were no surprises at closing. I would not hesitate to recommend her to anyone looking for a mortgage or to refinance.

Brian