Glenn Lakes (Bradenton, FL)
By Jim Poole, Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans
The FHA 203k Construction and Rehabilitation Loan Programs In Bradenton Florida will be one of the most desired loan programs being offered for the next 3 to 5 years on bank owned and foreclosed properties. The FHA 203K is designed to allow buyers to purchase a home and borrow additional money to make improvements to the property up to a total acquisition amount of $303,000. The program only requires a down payment of 3.5% of the total acquisition cost. Example:         Sales Price                     $270,000.                        Improvements                $33,000.                      ____________________________                       Total Acquisition              $303,000.                        Down Payment (3.5%)     $10,605. AS-IS Feature This program is specifically designe...
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Bradenton, FL Real Estate Professionals