There are two types of 203(k) Rehabilitation Mortgages: Standard 203(k) and Limited 203(k).
The 203k Mortgage provides FHA borrowers with the ability to purchase AND renovate at the same time using one loan, the purchase loan. This eliminates the need to purchase "AS-is" and then fund the project with your own cash or take out a separate loan.
We offer renovation loans for FHA, Conventional, VA, and even on Investment Home Purchases
The Kyle Porter Team
Sierra Pacific Mortgage 46 Timber Creek Cordova, TN 38018 US
Copyright © 2019 The Kyle Porter Team - All Rights Reserved. Kyle Porter, NMLS#45445, Sierra Pacific Mortgage Company, Inc. NMLS# 1788, Equal Housing Lender