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David A. Krebs is a licensed mortgage broker with over 15 years of experience offering loan options beyond traditional banks

Renovation Loan for Modernizing Home in Central Florida

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Renovation loan in Florida

On behalf of a client who needed a loan-to-value ratio greater than 80%, we obtained a $275,000 government renovation loan through the Federal Housing Administration’s (FHA’s) Standard 203(k) rehabilitation mortgage program. The home, located in central Florida, had a lot of deferred maintenance. To modernize the entire home, the borrower used the funds to update the kitchen, bathroom, windows, and doors, and to move some interior walls.


Posted on

January 31, 2017

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