Renovation

FHA 203k Loan

Section 203(k) enables homebuyers and homeowners to finance the purchase of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of their existing home.

Features:

  • 3.5% down payment
  • Limited 203K Program available for less extensive repairs
  • Down payments can be gifted

HomeStyle® Renovation Mortgage

The HomeStyle® Renovation (HSR) mortgage permits borrowers to include financing for home improvements on a purchase or refinance transaction of an existing home.

Features:

  • Cost-effective way to renovate or improve your home
  • Single mortgage means lower closing costs and typically lower interest rates
  • Borrowers can qualify for combined loan to value (CLTV) of up to 105%

 

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Contact Us Today!

Location 1551 Eastlake Ave E Suite 325
 Seattle, WA 98102

Phone 855-7-FAIRWAY

Email fairwayseattle@fairwaymc.com

Fairway Independent Mortgage Corporation NMLS Entity ID#2289 Andrew W. Reid, NMLS #420400
1551 Eastlake Ave E Ste 325, Seattle, WA 98102 Toll Free: 855-7FAIRWAY Office: 206-397-1277 Direct: 425-890-0888 Fax: 866-715-2733 fairwayseattle@fairwaymc.com
©2017 Fairway Independent Mortgage Corporation

Equal Housing Lender NMLS