1 / 6

What Type of 203k Loan Will Benefit You The Most?

A 203K Loan supports repairs and/or renovation costs along with the property cost under one loan scheme. Find out here what the key differences are between and Streamline 203K Loan and a Standard 203K Loan.

Drewmortgage
Download Presentation

What Type of 203k Loan Will Benefit You The Most?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. What Type Of 203k Loan Will Benefit You The Most? NMLS ID 2856

  2. FHA 203K home loan program is intended for those borrowers who wish to cover both the purchase and renovation costs under one program. The primary focus of this program is revitalization and home improvement. Depending on the requirement of the borrower and the kind of repairs the home needs, these loans are classified under 2 categories: • Streamline 203K Loan • Standard 203K Loan NMLS ID 2856

  3. The bottom-line is that both types of loans have a different set of requirements and benefits. Drew Mortgage Associates, Boston’s top mortgage dealers are experts in helping applicants select appropriate loans for their situations and helping them qualify for it. NMLS ID 2856

  4. Contact Us Drew Mortgage Associates, Inc 196 Boston Turnpike Road Shrewsbury, MA 01545 Phone: 508-753-1656 | Toll Free: 877-949-3739 Fax: 508-756-3646 www.drewmortgage.com NMLS ID 2856

  5. Contact Us "We're Drew, that's what we do!" NMLS ID 2856

More Related