203K Loan
Get the perfect mortgage loan for the “almost perfect” house. A 203K Streamlined Renovation Loan provides the funds to purchase a house and make the improvements that will turn it into your dream home!
Criteria
- Financing for minimum of $5,000 in improvements
- Most permanent renovations eligible (i.e. kitchen, bath, roofing, flooring, septic, etc.)
- 3.5% minimum down payment
- Renovations to be completed within 90 days
- Licensed and insured contractors must be used
- Borrower may not be a contractor