What You Can Do With an FHA 203k Loan
Need to make improvements to the house you want or the home you already own? Don’t finance major renovations with your credit card – make things happen with the FHA 203k Home Improvement loan. From upgrades to your kitchen or bathroom, or rebuilding a home that needs more than a little TLC, go 203k to get the job done without taking on a mountain of consumer debt. You can borrow up to 96.5% of the appraised value – based on the value when the improvements or repairs are completed. See if the FHA 203k Loan is right for you!
Get funds to cover the cost of repairs, remodeling, renovations, or energy-efficient upgrades to your property when you use the HomeStyle Renovation lending program to obtain a purchase transaction mortgage or a limited cash-out refinance mortgage. Click the link to find out more about the HomeStyle Renovation Loan and see if it fits your needs!
Go Green with the FHA 203k loan and you might be eligible for the AmeriFirst PowerSaver Grant. This grant, offered exclusively through AmeriFirst Home Mortgage, will pay up to $1,000 towards your closing costs when a homebuyer or homeowner makes at least $3500 worth of eligible eco-friendly improvements to the home. These “lender credits” depend on the amount of the loan. Click below to learn more about the AmeriFirst PowerSaver Grant!