Buying and Improving A Home

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We help you buy a great home and renovate it to meet your needs using the power of the US Government FHA 203k Loan Program Presented by: Bob Ashauer RE/MAX Alliance 618 581-1695

description

Learn about a new program to purcase and plan improvements with one loan!

Transcript of Buying and Improving A Home

Page 1: Buying and Improving A Home

We help you buy a great home and renovate it to meet your

needs using the power of the US Government

FHA 203k Loan Program

Presented by:

Bob AshauerRE/MAX Alliance

618 581-1695

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FHA 203k Features

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FHA 203k Features

Funds for purchase & renovation

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FHA 203k Features

3½% down payment

– can be gifted

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FHA 203k Features

Easier qualification

– Less than perfect credit

– Higher ratios

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FHA 203k Features

FHA loan limits

- $271,000 to $729,750

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FHA 203k Features

Owner-occupants & non-profits

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FHA 203k Features

1 to 4 unit & mixed use buildings

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FHA 203k Features

Energy Efficient Mortgage

– can be added to total

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FHA 203k Features

Standard & Streamline versions

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FHA 203k Offers Solutions for Today

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Your 203k Specialist Helps You:

Save Time and Money

Get More Home for Your Money

Buy With a Low Down Payment

Enjoy Easier Qualification

Make the Most of Your Investment

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Your 203k Specialist Helps You:

Earn Additional Equity

Enjoy More Financial Stability

Live in a More Desirable Location

Invest in Your Future

Invest in a Greater Quality of Life!

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A “Perfect Storm” of Conditions

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A “Perfect Storm” of Opportunity!

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Solutions for Today

Distressed properties – need renovation!

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Solutions for Today

Need repairs for FHA financing

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Solutions for Today

80% U.S. homes 20yrs or older

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Solutions for Today

Conventional financing challenging

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Solutions for Today

Great deals for millions of Buyers

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The 203k Program Benefits What Kinds of Buyers?

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203k Buyers

First time buyers

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203k Buyers

Move-up & move-down

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203k Buyers

Urban location

close to work

shopping

entertainment

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203k Buyers

Changing needs family, home office

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203k Buyers

Looking for discounts, sweat-equity

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203k Buyers

Occupant investors – 1 to 4 units

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203k Buyers

Smart buyers!

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Enjoy the Support of Your 203k Specialist

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Support of Your 203k Specialist

Understand 203k details & opportunities

Determine budget & affordability

Compare neighborhoods, schools

Choose the best home for you & your family

Introduce FHA-approved 203k lender

Evaluate homes, needs and value

Facilitate sale of your existing home

Help you make your best decisions!

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203k Specialist Designation Training

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Lowe’s Premier Support

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RE-buildUSA Project Portal

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We’re Rebuilding AmericaOne Dream at a Time!

www.re-buildusa.com

877.USA.203k

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