This FHA 203k Standard Mortgage Helped Make This Home A Joy

By Leesa Sandoval | 203K Full

Oct 03
FHA 203k Standard Mortgage Project Fort Worth TX

FHA 203k Standard Mortgage Program Project Fort Worth TX

Even though this house needed some work this customer really loved it and worked with the seller for months on negotiating the deal. His realtor was familiar with the 203k renovation loans and put him in touch with Leesa and a contractor.  Because of this program he was able to purchase a below average property and make it a home he could enjoy for many years. See the details of this wonderful FHA 203k Standard Mortgage Program below.

FHA 203k Standard Mortgage Program

City: Fort Worth
Type of Renovation:
203k Standard
Purchase Price: $67,800.00
Bid Amount: $24,575
Contingency: 10%
After Improved Value: $110,000.00

Purpose of Work:Purchase and Remodel

FHA 203k Standard Mortgage Loan

Details Of Work With An FHA 203k Standard Mortgage Program

Replace siding, clean gutters, new roof, remove rear wood patio, exterior paint, new fence, install new windows, drywall repairs throughout, install wood laminate flooring, new carpet in bedrooms, finish installing plumbing in downstairs bathroom.

FHA 203k Standard Mortgage Bathroom Project

Guidelines:

Eligible repairs for FHA 203k Standard Mortgage Program only.

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Did You Know?

There are two different 203K renovation programs? The 203K Limited and the 203K Standard. The limited is for small projects that are non-structural totaling less than $35,000.00 and the standard is for everything else!

About the Author

• Leesa Sandoval • 972.725.9110 ⇒ I have been a Mortgage Loan Consultant in Dallas, TX for over 13 years, and I specialize in FHA 203k Rehab Mortgage Financing .....(Read Full Profile)

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