FHA 203K REHAB LOAN

Financing a fixer-upper?  Purchase and Rehab all in one loan.

You just love the house.  Except for the leaky pipes.  Or maybe the kitchen is too small.  Perhaps it needs a new roof or siding.  For the house that's almost perfect, we have the perfect solution.  Our Renovation Mortgage-a mortgage and home improvement loan all in one.  Now you can buy or refinance a property that needs renovation, repair or remodeling and easily finance both the purchase and the improvements in one easy step. 

With our Renovation Mortgage you can:

• Remodel the kitchen or bath.
• Renovate or add a room.
• Paint the house or add siding.
• Add a porch, deck or patio.
• Replace a leaky roof.
• Put in new flooring, carpeting or tiling.
• Conserve energy with new windows.
• Update electrical wiring, plumbing or heating systems.
• Plus much more!

For FHA approved buyers - the FHA 203K loan allows a home buyer to purchase or an owner to refinance, plus renovate a property under one mortgage with little cash investment.

The FHA 203K program is designed to aid in the purchase or refinance of existing 1 to 4 unit multi-family properties and to rehabilitate or renovate them.

The FHA 203K loan offers flexible qualifying and low down payments:

• FHA down payment (3%)
• Flexible credit qualifying
• Assumable loans
• Purchase or Refinance

For more information contact us today at 617-933-6041 or email Ed Sullivan at edsullivan@englending.com