Sunday, August 8, 2010

California FHA 203K Renovation Loans - FHA 203K Rehab loans.

California FHA 203K Renovation Loans - FHA 203K Rehab loans.

VanDyk Mortgage offers Full FHA 203K Renovation Loans direct to consumers. We also offer the FHA 203K Streamline. These loans offer the ability to finance upfront the construction costs to rehabilitate a home. Our 203K Renovation loans are offered up to $729,750, or the FHA Mortgage limit for your area, if less. Click here for the CA FHA Loan Limits by County.

This is a great way to purchase an underpriced home, complete the upgrades to bring it to livable standards, upgrade it just the way you want it, and do it all in one loan.

VanDyk Mortgage offers FHA 203K Renovation Loans in California to make the process of buying a home that needs some work attainable, more affordable, and easier. Many foreclosed homes have been torn up, stripped, vandalized, etc, or just have out of date features or incomplete construction projects. With normal FHA, VA or conventional financing, these homes are very difficult to sell or buy, as they are not in move in condition, and most lenders will not lend on a damaged home. Our FHA Renovation loans allows you to upgrade/rehab/ update the home with one new loan. The loan closes 1 time. It is a permanent form of financing. The FHA 203K Renovation Loan can accomodate major remodels, major damage repair, storm damage, Additions, kitchen Remodels, etc.

These loans are a key to helping homes become more accessible for disabled folks as the modifications can often be completed with a FHA 203K loan.

These are available up to the Mortgage limits in your county (FHA Jumbo), which can be found here.

Please give us a call to find out if this loan is right for your next purchase, your listing, or right for your next buyer that is looking at Bank-owned, REO, or Repo properties that are in need of TLC & repairs.

Call the FHA Experts, Call VanDyk Mortgage at 866-900-2342 (toll free) or apply online at

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