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Arizona FHA 203k Loans

With more homes owned by banks here in Arizona, the Arizona FHA 203k loan program is becoming popular with people who want to buy one of these homes that might be in need of a few repairs.

The FHA 203k streamline loan program has been around for years - but many people didn't know it because there hasn't really been that many properties that were sold that were in need of repairs.

Some of the most popular repairs that the FHA 203k streamline is used for include:

  • Remodeled kitchen
  • Remodeled bathroom
  • Fixing termite damage
  • New exterior work (stucco)
  • Replacement of plumbing fixtures
  • New flooring
  • New roofing
  • Installation of new smoke detectors
  • Major landscape improvements
  • Energy conservation improvements such as new windows and new insulated door

If you have more questions about the FHA 203k streamline program and are wondering who to ask - be sure to contact an Arizona loan officer today.

Posted Sunday Apr 05