Apply for your FHA 203k loan

FHA 203K Streamline Loans - For Smaller Rehab Work

FHA 203K Streamline Loans

FHA 203K Streamline Loans -- Less Hassle and Less Time

The FHA 203k streamline loan program offers FHA borrowers the resources to rehabilitate a home that may be in need of repair, either the home that they currently live in, or that special fixer-upper opportunity, without the extra cost or details as found in the regular FHA 203k loan .  The FHA 203K Streamline Loan uses one single loan to pay for the purchase (or refinance) and the cost of renovating the home.


Made available to certain lenders by the U.S. Department of Housing and Urban Development (HUD), the FHA 203k streamline loan program has already provided many buyers with the funds necessary to buy their first home, or greatly improve a current home. The FHA 203k streamline loan is available to borrowers of all income levels, to homeowners who plan to occupy the house, and for homes with one to four units that will also be owner occupied.  FHA 203K loans are not available to Investors.  All properties must be Owner Occupied


FHA 203K Streamline Loan
Eligible Borrowers:

 


Owner Occupants - Purchase - Refinance
Non- Profits
Investors NOT allowed

Types of FHA 203K Streamline Loans:
30 or 15 year fixed rates
One year ARMS

FHA Eligible Properties:
Single family dwellings
Condominium
Townhouse
Mixed Use (Storefront)
1-4 Unit buildings- you can increase or decrease the number of units with this loan.

 Apply for your FHA 203K Streamline Loans Purchase or Refinance

FHA 203-K
     Loans

 



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