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FHA 203K Loans

FHA 203K Loans on the Cheap!

Home Purchase Qualifier
Refinance Qualifier

Get a FREE quote on an FHA 203K Loan & fix that home up in a hurry!

The Lowdown on FHA 203K Loans…

Our FHA 203K Loan Rates Are Low & Our Process is Quick & Painless

An FHA 203K loan is a loan backed by the federal government and given to buyers who want to buy a damaged or older home and do repairs on it. Here’s how it works: Let’s say you want to buy a home that needs a brand-new bathroom and kitchen. An FHA 203K lender would then give you the money to buy (or refinance) the house plus the money to do the necessary renovations to the kitchen and bathroom.

Often the loan will also include: 1) an up to 20% “contingency reserve” so that you will have the funds to complete the remodel in the event it ends up costing more than the estimates suggested and/or 2) a provision that gives you up to about six months of mortgage payments so you can live elsewhere while you’re remodeling, but still pay the mortgage payments on the new home.

We’re here to make the FHA 203K home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE 203K Loan Qualifier.

We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you – whether you’re a first-time home buyer or a seasoned investor.

The FHA 203K Loan Process

Here’s how our home loan process works:

  • Complete our simple 203K Loan Qualifier
  • Receive options based on your unique criteria and scenario
  • Compare mortgage interest rates and terms
  • Choose the offer that best fits your needs

Why an FHA 203K Loan?

The main benefit of these loans is that they give you the ability to buy a home in need of repairs that you might not otherwise have been able to afford to buy. Plus, the down payment requirements are minimal, and often you get decent interest rates.

  • Fixed Rates
  • Government Loans
  • Minimal Down Payments
  • Terms from 5 to 30 Years

Your Journey Starts Here

Home Purchase Qualifier
Refinance Qualifier

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Contact

  • loans@jenellul.com
  • 14843 Founders Crossing
    Homer Glen, Illinois 60491
    United States
  • (708) 444-3030

About

For over eleven years Jenny has worked directly with first-time home buyers, property investors, and homeowners of virtually every kind to find the most efficient financing available for the perfect home for their needs. Learn More..

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