Renovation Financing to Turn Your House into Your Dream Home

FHA’s 203(k) loan program is designed to finance the purchase and renovation of your home, all in one loan.

Could a 203(k) loan be right for you?

  • Buy a “Fixer-upper” or REO property needing renovation
  • Get funds to both purchase and upgrade your dream home
  • Refinance and renovate your existing home

What are advantages of a 203(k) loan?

  • Loan amount based on the home value including renovations
  • Only one loan needed to both purchase and improve the property
  • Refinance and rehab your own home
  • Can be used to buy property otherwise not eligible for financing

Who qualifies for a 203(k) loan?

  • A minimum down payment of 3.5%
  • A credit score of 640 or higher
  • You currently have no other FHA loans
  • You DO NOT have to be a first-time buyer

For complete mortgage loan program details and to find out if you qualify, contact us today at 888-488-3807 or go to www.OneTrustHomeLoans.com.

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