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FHA 203K Home Rehab Mortgages in Connecticut
We are your Connecticut Mortgage resource for purchasing a home and doing rehab (minor construction) on the property. Free Consultations.
Hello everyone this is John Vecchitto, a loan officer with North-East Financial, in Middletown. Today I would like to you all about an amazing product that allows borrowers to purchase or refinance a home and finance the repairs.
Let’s face it: Most homes people are looking to buy a home need some kind of work on the property. Unless you are purchasing a brand new home, there will always be something in the home that you would like to see changed or updated. If you are one of these people, you may be interested in a FHA 203(K) loan!
With FHA 203(K) loans, someone can finance not only the purchase price of their home but also the repair costs involved. Whether you would like a brand new kitchen, or a remodeled bathroom, with the FHA 203(K) loan, it’s possible.
Find out what's happening in East Hampton-Portlandfor free with the latest updates from Patch.
Here are some bullet points to help you figure out if this loan is right for you:
-Owner occupied properties only
Find out what's happening in East Hampton-Portlandfor free with the latest updates from Patch.
-Min FICO 620
-Downpayment as low as 3.5%
-Must use a general contractor to do work (no self repair)
If you have any further questions, please email me at johnv@northeast-mortgage.com or give me a call on my cell 860-918-0251.
John Vecchitto / Loan Officer
NMLS# 1127163
210 S. Main St. First Floor
Middletown, CT 06457
860-918-0251 (Cell)
860-788-7237 (Office Phone)
johnv@northeast-mortgage.com
Company NMLS 117273
