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Streamline 203k FHA Loan
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Our Streamline 203k loan allows you to borrow the cost of minor renovations with the purchase price of the home.
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Get the money to purchase a home with an additional up to $35,000 for minor renovations.
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Make needed improvements; replace roof, major appliances, upgrade plumbing, heating, or electrical systems.
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Install new windows, doors, install new kitchen, and remodel bathrooms.
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Avoid time-consuming paperwork and inspections. Only one final inspections by appraiser.
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Simplify by having one-loan which includes purchase price + renovation cost, with one payment.
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Renovations can immediately enhance a home's value. Appraisal is based on future value subject to renovations items.
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Save time and money, speedy process helps you buy and repair a home sooner, and reduces money out of your pocket.
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Only for Owner Occupied properties 1-4 units, and mixed-used allowed.
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Low down payment of 3% (as of Jan. 1st 2009 3.5%)
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More flexible loan amounts up to 110% of the home's appraised value.
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Easier process - lengthy paperwork and inspections are eliminated.
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Quick closings available usually 30 days or less.
Mason Dixon Funding Inc - 800 King Farm Blvd. St-210 - Rockville, MD 20855
Office Phone: (301) 947-1515 Fax: (301) 354-2863 Cell Phone: (301) 509-9437
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We are currently licensed in the following states:
Maryland, District of Columbia, Va, SC, PA, DE, AL
NC, WV, and FL
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