Using the FHA 203k Home Renovation Loan, this buyer in North Benton, Ohio was able to completely renovate the home’s basement, bathrooms, kitchen, garage, AND add in a new deck. They purchased the house for $115,000 and had a budget of $85,000 in renovations. The home recently appraised at $232,500 – giving the buyers $32,500 in equity!

 

 

*Not intended as real estate, accounting or investment advice. Contact your financial representative for more information.

*NEW* $500 AmeriFirst Closing Cash Grant

The $500 Amerifirst Closing Cash Grant is money we pay toward your closing costs. Dollar for dollar, it essentially covers the cost of a home appraisal. Aren’t you glad we have your back! The program, which is open to any buyer, is good for all of 2019 and renewable each year afterward, and is eligible with almost every loan we offer.*

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Using the FHA 203k Home Renovation Loan, this buyer in Canfield, Ohio was able to completely renovate the home’s bedrooms, kitchen, bathrooms, laundry room, and other rooms in the home. They purchased the house for $177,550, and it recently sold for $269,000 – a difference of $91,450!

 

 

*Not intended as real estate, accounting or investment advice. Contact your financial representative for more information.

Using the FHA 203k Home Renovation Loan, this buyer in Canfield, Ohio was able to completely renovate the home’s exterior, kitchen, laundry room, bathroom, and other rooms in the home. They purchased the house for $155,000 and had a renovation budget of $49,700 for a total cost of $204,700. The county has the property currently assessed for $254,770, which is a difference of $50,070!

 

 

*Not intended as real estate, accounting or investment advice. Contact your financial representative for more information.