FHA 203k Loan

FHA 203k Loan

The FHA 203k is a renovation loan program that provides funds for both the purchase and renovation of a home. There are two types of an FHA 203k loan. The first is?normal?203k, which is given for properties that need structural repairs such as a new roof or a room addition. The second is the streamlined203k, which is given for non-structural repairs such as painting and new appliances. The minimum Loan Amount is $5000.

CONTACT

The Monastero Mortgage Team

James Monastero

Direct Number:
(919) 355-8046

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LICENSING

NMLS#76800
Licensed in all 50 states

Equal Housing Lender (002)FDIC (002)

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