Fannie Mae Homestyle Renovation Mortgage
5% DOWN FOR PRIMARY RESIDENCE
10% DOWN SECOND HOME
15% INVESTOR (RENTAL PROPERTY)
LOAN AMOUNTS IN FLORIDA UP TO $424,100!!!
Eligible Properties for 203k Financing
Single Family Detached
Planned Unit Developments
Fee Simple Townhomes
Fee Simple Villas
Mixed Use Properties
1-4 Unit Multi-Family Properties (Primary Residence Only)
Condos
ELIGIBLE IMPROVEMENTS FOR RENOVATION FINANCING
Roof Repairs or Replacement
Foundation Repairs Illegal Additions Corrected Appliances Tile Room Additions Bathroom Remodel Mold Remediation Water Damage Lighting Doors Decks Patios Seawall Repair Driveways Landscaping Carports Hot Water Heater Energy Improvements Siding Exterior Painting Architectural Plans |
Impact Fees
Grading Kitchen Cabinets Hardwood Floors Terrazzo Stained 2nd Stories Plumbing Repairs Chinese Drywall Repairs Framing or Block Repairs Closet Systems Dock Repairs Sidewalks Irrigation Garage Additions Pool Repairs Fencing Well Systems Interior Painting Permit Fees |
STRUCTURAL REPAIRS
Site work Countertops Carpeting Concrete Add a Bathroom Drywall Fire Damage Electrical Upgrades Windows Safety Repairs Walkways Outdoor Lighting Handicap Access Insulation Stucco Septic Systems Engineering Plans |
FANNIE MAE HOMESTYLE ALLOWS THE ADDITION OF A POOL!
ALL REPAIRS, PERMITS AND INSPECTION COSTS ARE FINANCED INTO THE RENOVATION LOAN!
10-15% Contingency Reserve Available on Every Loan!
AVAILABLE FOR ALL BUYER’S WHOP QUALIFY FOR A CONVENTIONAL LOAN!
Minimum Credit Score 620
Andy Wood
Titan Home Lending, LLC
HUD Certified 203k Instructor
State Licensed for Continuing Education
24 Yrs Experience in FANNIE MAE HOMESTYLE and FHA 203k Renovation Lending
Over 5200 RENOAVTION LOANS CLOSED, MANAGED and FUNDED SINCE 1993
727-410-WOOD (9663) AWood@TitanHL.com www.TITANHL.com