Sunstreet offers renovation loans up to $30,000. This is in addition to the purchase price of the home minus the 3.5% down payment. These loans are done under the FHA 203K program.
Because this loan is an FHA loan you will be required to pay monthly mortgage insurance premiums for the life of the loan depending on the amount of equity you have in your home.
These loans can be used to purchase or refinance your existing primary residence.
Contact Kim to find out if this is the best option for your needs.
Kim DeMarco | NMLS 410006
Chris Anderson NMLS 1462388
Branch NMLS 927832 AZ Bank 0907366
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act (4131285)
Corporate Office: 1725 E. Skyline Dr., Tucson AZ 85718. 520.547.2400. NMLS 145171
Equal Housing Opportunity Lender
Mortgage Calculator: The information shown is for illustrative purposes only and does not represent a credit decision or commitment to lend. These figures apply to a borrower with excellent credit and are subject to change without notice. Products and terms may not be available for your situation. Pricing add-ons related to loan amount, property type, loan-to-value, credit score and other variables may apply. Adjustable-Rate Mortgage (ARM) rates and monthly payments are subject to increase after consummation. Opinions expressed here are the opinions of the author and do not reflect the opinions of Sunstreet Mortgage, LLC. This information is not from HUD or FHA and was not approved by the Department or Government Agency. While every effort is made to ensure the information here is accurate as of 2/13/17, information in this website should be viewed merely for illustrative purposes, and should not be relied upon in making a significant financial decision. Please contact your Sunstreet Loan Officer for further information about fees and terms, and to discuss your specific situation. (NMLS Consumer Access)
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