What is a San Diego FHA 203K Loan?
The San Diego FHA 203K loan is a mortgage program created by the government that allows San Diego home owners the ability to borrow money for property upgrades that is then packaged into a 30-year fixed-rate home loan.
Why the San Diego FHA 203K Loan?
The San Diego FHA 203K loan was created by the government because the majority of San Diego home buyers are realizing that most homes that are short sale or foreclosure listings require a significant amount of work before qualifying for a personal or bank loan.
How the San Diego FHA 203K Loan Makes Life Easier
The San Diego FHA 203K Loan is the perfect financing program that accommodates individuals who are restricted by a limited budget for a down payment and home improvements. The bottom line is that the benefit of the 203K loan is that is was specifically designed to help San Diego borrowers repair, remodel, or renovate homes without having to throw down a large amount of out-of-pocket money.
Benefits of Working with a 203K Loan Friendly San Diego Home Remodeling Company
As stated above, the benefits of the San Diego FHA 203 K loan are that it allows you to work with a San Diego home remodeling company to make adjustments to any home so it qualifies for personal or bank loans. Once approved, it is important that you connect with a home remodeling company that is familiar with the 203K loan program and is willing to perform your home remodeling and renovation changes. That is where Budge-it Home Remodeling comes into the equation.
We welcome any San Diego 203K loan provider with open arms and happily work with you in delivering the affordable prices and reliable work. Please contact us to get the conversation started.