The FHA 203k home loan is a great product that allows to obtain mortgage financing that can include funds for the costs of repairs and upgrades to a homes across New York State including Long Island, Queens, Brooklyn, Staten Island, Bronx and Manhattan NY. There are many factors and details that go into this program, but I want to give an overall synopsis of the product.
Most often, the 203K home loan is used for purchase and home repair. This becomes a necessary product when a potential home does not meet minimum property standards.
Any mortgage company can take your application and quote you a rate, but only the best can shake your hand at closing with confidence. Let us find the loan that is right for you. Fill out the form to request custom quote or give us a call today (800) 499-0141 to speak with one of our mortgage experts!
Seek out a true mortgage professional and let them explain the details and options to you so you can make the best decision for yourself.