If you are a first time homebuyer or are worried about not having a large down payment, and can not afford repairs, then the FHA 203k Loan may be a good loan for you. Backed by the Federal Housing Administration (FHA), federally insured loans like the FHA often mean lower down payment requirements and flexible qualifications.
Increase property value
No minimume repair amount
Borrower can do repairs/ improvements
No General Contractor Needed
Cost of repairs included in the loan
Repairs completed after closing
Up to $35,000.00 for repairs.
Equity Investment Capital 79405 Highway 111 Suite 9178 La Quinta, CA 92253
