FHA 203(b) FHA 203(k) Rehab Loans

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        First Time Home Buyer or Second Time, need Cash to Rehab an old kitchen or add a private suite for your parents? You can use the FHA 203(k) program to Purchase or finance the rehab of your single family, 2,3 or 4 multi-unit or condominium.

        FHA 203b Programs also allow a FHA Purchase up to 96.50% and a FHA Rate/Term Refinance up to a 97.75% Loan to Value of the Purchase Price or Appraised Value of your Home.

        Plus you can refinance your primary single family home with a FHA Cash-out (for any reason) up to a 85.00% Loan to Value, or your primary 2, 3 or 4 unit home up to 85%. Title must be in your name for a minimum of 12 months to obtain Cash-out refinancing.

        FHA Insured Reverse Mortgage referred to as the Home Equity Conversion Mortgage (HECM) provides homeowners 62 years of age or older is the Golden Opportunity to take the equity from their home for tax free income. Ask your CPA about the benefits for your personal situation - the HECM - the loan that never has a payment.

FHA is the BEST WAY to Purchase, Re- finance or Rehab your Home

Download HUD Settlement Costs Booklet Here

Link to INTERACTIVE LOAN APPLICATION

Link to  FHA LOAN LIMITS BY STATE AND COUNTY

Link to Accepted Condos, Co-ops, and PUDs