203k FHA Streamline Mortgage for buying or refinancing and doing home improvements all in one easy-fast-affordable mortgage. The ultimate fixer upper loan!

 Need a financial windfall? Create your own. This is a buyer's market. Homes are selling at more affordable prices than in previous months and years. Why? The weakening economy has pushed sales prices down. This makes it a great time to purchase your first home, your next home, a 2nd home or an investment. Are mortgages available? YES! Thankfully, FHA is committed to assuring money is available to qualified buyers.

If these homes are such a great deal why don't they sell faster? There is a lot of buyer reluctance. But, let's look at facts, rates are low. Almost all mortgages for purchases are fixed and typically 30 years. Home values are low. Would it be great to buy a home at a lower price than you might have 2 years ago? Yes. You can be patient and wait after you purchase for the market to stabilize and liquidity and more equity return to the market and to your home's value.   A home is not an instant cash cow, but historically a lot of Americans savings and future is built around a home and its' potential.  

What if I find a house and the house needs work? That is great question! We offer a new FHA mortgage product , the FHA Streamline 203k. Big name. Big deal! It can help you tremendously. Let's say a house needs repairs. The appraiser says that these repairs would increase the home value. Next, FHA agrees. You purchase the house and borrow up to $35,000 extra (not to exceed the house value after improvements).   Here is a simple example:

House is a foreclosure (it does not have be a foreclosure) it is now listed at $100,000. It needs HVAC, new appliances and carpet. This totals $13,000. Problem: you cannot afford to pay the $13,000 to get the house fixed up. The estimates are too much for your bank account. Solution: House FHA appraises at $115,000 with repairs considered complete (although it will be a few months before they actually are complete). Wow! You get a mortgage based on $113,000. Buy the house, get $13,000 escrowed for the contractors to complete the work. In just a few months, you have an updated beautiful home. It is easier. It gets your dream home faster. This loan is available to $271,500 (in a few areas-more).  

This loan can be used on refinances. A few things are not allowed, like adding an inground pool, so ask me. I am here for you. I want to answer your questions and show you why it might be the right loan for you.

Don't lock up up your financial future. Consider a home's future potential.  

By the way, the rate on these are great! Low! Fixed! Backed by FHA! 

I want to be your refinance and home purchase expert. Need a friend in the mortgage business? I am here.

Apply online or call me 859 971 1808x108, ask for LINDA KASH. I am your 203k mortgage specialist.  

  Don't break the bank !!! Count on me.

Call me first at 859 971 1808x108 or 888 440 5274 ext. 108. Ask for Linda Kash or email me, linda@kashmortgage.com or apply online and mention me by name --LINDA. 

We offer a variety of loan application options, including a Quick Application, a Standard Application, and a 5 Step Application. Click here to get started!

Contact Information:
Kash Mortgage
3130 Custer Dr Suite 200
Lexington, Kentucky 40517
Phone: 859-971-1808
Fax: 859-971-2877       

linda@kashmortgage.com

Linda Kash Sabino

Close