Found a great Foreclosure deal in Texas or maybe a home that needs a little TLC? The FHA 203k loan is the perfect loan for you. This loan allows you to purchase one of these properties and roll the cost of the repairs into the loan. The loan allows you to use the “after improved value” so the construction money can be rolled in the loan then draws are made for the improvements with the end being one loan with a great low FHA rate!
Or maybe you have found a home that is in need of cosmetic updating and you don’t want to have that come out of your savings. The FHA 203k loan is great for that as well. You can remodel and upgrade bathrooms, kitchens, add hardwood floors…and so much more!
To find out more about this loan or to apply please contact Leesa Sandoval
972-725-9110