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.

 

 

 

 

Although we are located in Oswego, IL, to help better serve our clients, we also lend in Naperville, Aurora, Plainfield and all throughout the states of Illinois and Wisconsin.