Why a 203K Loan?
The main benefit of these loans is that they give you the ability to buy a home in need of repairs that you might not otherwise have been able to afford to buy. Plus, the down payment requirements are minimal, and often you get decent interest rates.
- Fixed-Rate Mortgage
- Adjustable-Rates Mortgage (ARM)
- Minimal Down Payments
- Terms from 5 to 30 Years