Let Jet Direct show you the fast and efficient way to manage 203k loans -- We are the 203k professionals with over 25 years experience. We make the process simple for you--Let us show you how.
- 203(k) brings new and near endless opportunities for Homebuyers
- The Homebuyer does not have to find “The Perfect Home” when searching
- Gives the Homebuyer the ability to “customize” potential property to become their dream home
- Provides a wider range of inventory to Homebuyer to select from
- The 203(k) program is intended to help facilitate rehabilitation/improvements and cosmetic repairs
- The renovation or repairs can be completed after the loan closes
- Credit underwriting guidelines are the same as for any FHA loan (96.5% LTV on purchase & 97.75% LTV on refinance)
- ELIGIBLE REPAIR ITEMS
- Repair/replace or upgrade roofs, gutters, HVAC systems, plumbing electrical systems and flooring.
- Remodeling of kitchens and bathrooms
- Painting both exterior and interior
- Exterior wall re-siding
- Weatherization of windows, doors, weather stripping, etc.
- Window and door replacement
- Purchase and installation of free-standing or built-in ranges, refrigerators, appliances
- Accessibility improvements for disabled
- Health and Safety Items
- Lead base paint stabilization or abatement
- Septic /well repair or replacement
- Major structural alterations and additions
- (must be attached to the existing structure) Why wait? Let us go to work for you today!
Before and after photos after putting the power of 203k loans to work