What Is an FHA 203(k) Loan?
An FHA 203(k) loan is a loan agreement for homebuyers who need to make improvements to their new home. It allows the buyer to finance not only the purchase of the home, but also the costs of rehabilitating it.
Without a 203(k) loan, homebuyers have to follow a lengthy (and costly) process to finance improvements. It can put a real hamper on acquiring a new home to live in. But with a 203(k) loan and a 203k contractor, you can make improvements a simple part of the homebuying process. At Taylor Made Construction Corp., we make it easy for you to get the home you want—with the improvements you need—so you enjoy your new home to the fullest.
The benefits of a 203(k) loan include:
- Low down payment
- Little to no out-of-pocket expenses
- Less stress with one, harmonized loan agreement
- Greater purchasing power
- More choice when finding your new home
Streamlined Contracting for Your 203k Loan
We’re proud to be the only 203k contractor in the local area. As an FHA-certified contractor, we can help you determine the costs of repairs and acquire a suitable loan agreement. Our many years of experience mean we streamline the whole process, helping you get the most out of your home purchase while minimizing your expenses.
We can help you:
- Assess the need for repairs
- Evaluate the costs of the job
- Devise an assessment and inspection schedule
- Communicate with 203k lenders to get your loan approved
- Maximize your loan coverage
A Trusted FHA-Approved Contractor
Trusted, tested, and experienced, Taylor Made Construction Corp. is a leader in the 203k contracting industry. We’ve made it our mission to deliver flawless results on our construction and help property owners make informed investment decisions that align with their objectives.
Our years of experience mean that we are trusted not only by homebuyers but also by mortgage lenders. We follow comprehensive assessment processes to ensure that banks and other lenders feel confident in our project plans. What’s more, we are transparent, ensuring you know the full details of the job before we proceed. We want you to feel confident and satisfied with our services at every turn, and we’ll do everything we can to ensure it.
For 203k Contracting Services, Choose Taylor Made Construction Corp.
Get in Touch Today
If you’re considering a 203k loan for a home purchase, consider us your first point of contact. Homeowners near and far have turned to us for their home improvement needs.
To get started, contact us and book a consultation today.