Profile picture for bescott2

I need to refinance and get a combined improvement loan

  • December 17 2008 - Houston
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Answers (4)

Bescott2 - there are two main types of FHA renovation loans, streamline and "regular".  The limit is $35,000 for streamline, and above requires some extra work from FHA, etc. (minimum of $5000 in renovations - which have to be more than cosmetic). Be sure to use someone who has done them. If you have additional questions you can contact me. Best of luck.  
  • December 17 2008
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Profile picture for First Prestige Mortg
Good Evening: Rates are low today, But the type of loan you would research is a 203K includes the work to do for the home. Also if the home is not habitable mortgage payments can be escrowed up to 3
months.
Any questions, you can contact our mortgage division.
Specializing in FHA loan. First Prestige Mortgage Services, Inc
888-FHA-ROAD/wesite: 1stprestigemortgage.com and schedule a
consultation.
Best Regards,
Autumn Urling
  • December 17 2008
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You can click here to start the process of getting quotes from the lenders on the Zillow Mortgage Marketplace.
  • December 17 2008
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Profile picture for Rob Cochems
Click on the mortgage tab
  • December 17 2008
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