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    Email: answers@joelovrek.com

  • How You Can Use the FHA 203(k) Renovation Loan

  • One popular loan program is the FHA 203(k) Renovation Loan. You can get up to $35,000 with a simple limited upgrade loan or finance large projects costing over $35,000, like room additions and major remodels, with our full renovation loan.

    • Fix up properties sold “as is”
    • Purchase foreclosures and include cost of renovations
    • Modernize a home or make cosmetic repairs
    • Make energy efficiency improvements
    • Convert single family homes to multi-unit or multi-unit to single family
    • Allows for owner-occupied 1-4 family dwellings as well as mixed-use properties