thinking of buying a fixer upper use a 203 k to help upgrade & renovate

Post on 12-Apr-2017

229 Views

Category:

Real Estate

0 Downloads

Preview:

Click to see full reader

TRANSCRIPT

BUYING A FIXERUPPER?

THINKING OF

Use a 203K loan to Help Upgrade & Renovate

BLOWNMORTGAGE.COM LENDER HOTLINE: 888-581-5008

If you can’t afford ahouse that’sconsidered “move-inready” or you wouldjust rather buy a homethat needs a little TLCand you like doing thework yourself, you’regoing to need a loanthat provides you withthe funds to do justthat.

BLOWNMORTGAGE.COM LENDER HOTLINE: 888-581-5008

203K Rehab Loan

The 203K loan is an amazingway to finance a home and getfunds for renovating. The 203Kloan offers financing options forboth funding a house as well asfunding renovating projects.

BLOWNMORTGAGE.COM LENDER HOTLINE: 888-581-5008

Calculating Renovationand Upgrade Costs

In order for a lender toprovide adequate funding,you will need to figure thecost of the renovations andupgrades before you applyfor the loan. This is usuallydone by a certifiedcontractor, whom you canfind through the lender.

BLOWNMORTGAGE.COM LENDER HOTLINE: 888-581-5008

ALLOWED UPGRADES ANDRENOVATIONS

• Structural Changes• Any change that eliminates any kind

of hazard• Plumbing upgrades• Roof repairs and replacements• Floor repairs and replacements• Any energy saving upgrades

BLOWNMORTGAGE.COM LENDER HOTLINE: 888-581-5008

The 203K loan program hashelped thousands ofAmericans and it can helpyou become a homeownertoo. Without having topurchase an expensivehome that would be toopricey the 203K loan is thebest way to get into ahome and upgrade it tomake it your own.

BLOWNMORTGAGE.COM LENDER HOTLINE: 888-581-5008

B L O W N M O R T G A G E . C O ML E N D E R H O T L I N E : 8 8 8 - 5 8 1 - 5 0 0 8

C L I C K H E R E

T O L E A R N M O R E

BM

BLOWNMORTGAGE.COM LENDER HOTLINE: 888-581-5008

MORTGAGE COMMENTATOR

J u s t i n M c H o o d i s A m e r i c a sM o r t g a g e C o m m e n t a t o r a n d

h a s b e e n p r o v i d i n g M o r t g a g ec o m m e n t a r y f o r o v e r 1 0 y e a r s .

INFORMATION PROVIDED BY:Justin McHood

BLOWNMORTGAGE.COM LENDER HOTLINE: 888-581-5008

L E A R N M O R E A B O U TM O R T G A G E C O M M E N T A T O R :

O N L I N E

F A C E B O O K

L E N D E R H O T L I N E

T W I T T E R

MORTGAGECOMMENTATOR.COM

FACEBOOK.COM/MORTGAGECOMMENTATOR

@MORTGAGECOM_

888-581-5008

BLOWNMORTGAGE.COM LENDER HOTLINE: 888-581-5008

top related