FHA Streamline 203k - Rehab Loan
FHA STREAMLINE 203(k) REHABILITATION LOAN
Using an FHA loan to purchase a home that needs a little love ......or even a lot of love you can turn an abused (but structurally sound) home into a treasure! Upgrade and repair before move in!
Homebuyers can finance up to an extra $35,000 into their mortgage for home repairs.
Although no structural repairs are allowed, a great many cosmetic and safety improvements are allowed. Such as:
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Flooring
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Painting
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Appliances
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Basement waterproofing
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Plumbing and electrical
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Roof, downspouts and gutters
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Septic and /or well repair or replacement
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Door and window replacement and exterior siding
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Lead-based paint stabilization or abatement of lead-based paint hazards
Check out the STANDARD FHA 203(k) loan available for houses needing to be gutted.
Speak to a loan specialist to get your questions answered.
We can be reached at 509-623-1623 and 800-617-3105.
First Priority Financial
Residential Lending Specialists
1500 W 4th Avenue Suite 410
Spokane WA 99201
We can be reached at 509-623-1623 and 800-617-3105.
First Priority Financial
Residential Lending Specialists
1500 W 4th Avenue Suite 410
Spokane WA 99201
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