Buying and Improving A Home
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Transcript of 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
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
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
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!
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
We’re Rebuilding AmericaOne Dream at a Time!
www.re-buildusa.com
877.USA.203k
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Bob Ashauer
Bob Ashauer
Bob Ashauer
Bob Ashauer