Can I Do This With a 203K Streamline Loan?
203K Streamline – What Repairs Can I Do?
Checking out the Atlanta foreclosure market? Seeing a lot of fixer-uppers? Your Realtor has probably warned you, this house may not qualify for a FHA loan.
They are right, they are also wrong! 203K Loans are not concerned with current condition of the property. Some repairs to your Atlanta foreclosure may be required and some may be wish list items. Regardless, 203K loans open up a whole new set of possibilities.
Not sure exactly what you can fix and what you can’t fix? No worries, here is our handy guide to the FHA 203K Streamline allowable repair. Read on!
203K Streamline Allowable Repairs
Windows & Doors
Roofs,Fascia & Soffits
Gutters & Downspouts
HVAC & AC Systems
Kitchen Remodels
Bathroom Remodels
Flooring
Appliances – Kitchen & Washer Dryer
Energy Efficient Improvements
Weather Stripping & Insulation
Decks, Patios & Porches
Lead Based Paint Abatement
Handicap Accessability
Well & Septic Systems
Plumbing & Electrical
Basement Build-Out
New Water Heater
MANY, MANY MORE!
As you can see, the 203K Streamline is extremelyversatile! There are literally hundreds of allowable repairs. Have a repair that is not on the list? No problem, contact us! We are here to HELP! We can tell you what is required and what you can do that is purely your desire.
More From 203K Mortgage Loans
- How to Write a FHA 203K Purchase Offer | 203K Loans | HomePath Renovation Mortgages – Georgia, Florida, Alabama, SC
- FHA 203K & HomePath Renovation – List of APPROVED Contractors? | 203K Loans | HomePath Renovation Mortgages – Georgia, Florida, Alabama, SC
- 10 Ways Renovation Loans Create HUGE Value | 203K Loans | HomePath Renovation Mortgages – Georgia, Florida, Alabama, SC
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