FHA 203(k) Fixed Rate Rehab
Turn your fixer-upper into astounding with our FHA Rehab Loan
This specific loan enables you to purchase a house that needs fixing by providing additional funding prior to moving in. Tampa Bay offers two types of rehab loan products;
- Standard - Used for remodeling and different types of repairs.
- Limited - Used for minor and small remodeling and not structure repairs.
Features and Benefits
- Credit scores 620 and up are allowed
- You are required to finance at minimum, $5,000 of repair work
- The total amount of an FHA Rehab Loan depends on many factors.
- The properties that are eligible include single-family homes, 2-4 unit properties, modular homes and Planned Unit Development properties.
- 30-year fixed loans assist you in budgeting monthly.
Let Us Guide You Home
Tampa Bay is dedicated to assisting more borrowers with realizing their full dream potential of owning a home. By simply providing affordable and you-based lending solutions. Your local Tampa Bay loan expert consultant will help you apply for financing and answer all of your questions.
Why Choose Us?
Tampa Bay Home Mortgage is ready and willing to provide quality service to those in need. We treat each need in accordance with the person and their needs. In times like these, you need people that you can depend on. With no hesitation, Tampa Bay Home Mortgage is here to help you along the way. Choose us today!