203K Loans Are Available!
Finance your home purchase and renovation together with an FHA 203(k) loan designed to turn a fixer-upper into your ideal home.
Why Choose a 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 may be able to receive a favorable interest rate.
✅ Fixed-Rate Mortgage
✅ Adjustable Rates (ARM)
✅ Flexible Terms Available
About 203k Loans
An FHA 203(k) loan is a government-insured mortgage that allows borrowers to finance the purchase or refinance of a home along with the cost of eligible repairs and improvements. Instead of taking out separate loans for the property and renovations, the costs are combined into a single mortgage.
These loans are often used to renovate older homes, repair damaged properties, or upgrade a home after purchase. Both limited and standard renovation options may be available depending on the scope of work.
Our team simplifies the 203(k) process by helping you understand the requirements, financing options, and renovation guidelines so you can confidently move forward with your project.
PATRICK GRACE
NMLS #: #2476993
📞 816-456-1843
✉️ pgrace@nexalending.com