Repair Your Plumbing with the FHA 203k in Ohio

Repair Your Plumbing with the FHA 203k in Ohio

While house hunting, one of the worst things you could find is a house with bad plumbing problems. From missing or broken toilets to stolen copper water lines, you could find a great house in bad shape in the plumbing department. But that doesn’t mean the search for a home needs to continue. There’s a mortgage program that can help you buy a home that needs repairs – even as serious as missing water lines – close on the loan and have the work done by a professional. And it’s an FHA-backed mortgage product so you’ll have a low down payment requirement and flexible terms.

 

This mortgage option, called the FHA 203k, is a home improvement loan that’s available all over Ohio. From Cleveland to Akron to southern Ohio, home buyers can roll the cost of improvements, repairs or renovations into the mortgage payment. One of the benefits to the FHA 203k is that a professional contractor like Holland Remodeling & Building will take care of the work. You don’t need to buy all the materials yourself and do the work on your weekends and evenings.

 

Because the Full 203k takes care of structural repairs, you could find a bank-owned home that’s missing the copper pipe plumbing (probably stolen by scavengers) and put in all new plumbing. This would actually help modernize the home, and you could add an energy efficient water heater, new toilets and sinks. You could also spruce up the bathrooms and really make the home sing!

 

Learn more about the FHA 203k and other home improvement loans available for Ohio home buyers with “The Ultimate Guide to Home Improvement Loans” at the button below. The guide, written by AmeriFirst Home Mortgage and brought to you by Holland Remodeling & Building is about a dozen pages long and easy to read. You won’t have to wate your valuable time reading a long book just to understand the pretty simple process of financing home improvements. Get your free copy today!

 

 

This is a guest post from Dan Moyle with AmeriFirst Home Mortgage. AmeriFirst is a leading FHA 203k lender. Dan has written hundreds of articles as the inbound marketing expert for AmeriFirst. Find the AmeriFirst blog here.

 

(plumbing photo: Flickr user ilovebutter)

---