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Revitalize Your Home with the 203k Program

Transform Your Home with a 203k Loan

At Van Patten Mortgage Group, we understand that owning a home is a significant investment, and maintaining its value and comfort is essential. That’s why we’re proud to offer the 203k program—a versatile financing option designed to help you renovate and improve your home while managing your budget effectively. Whether you're looking to enhance your current home or considering purchasing a new property, a 203k loan can provide the funds needed for all your renovation projects in one convenient mortgage.

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What is a 203k Loan?

A 203k loan, also known as an FHA 203k Rehab Loan, is a government-backed mortgage that allows homeowners and buyers to finance both the renovation and the purchase (if applicable) of a home through a single mortgage. This program is an excellent solution for those looking to invest in substantial home improvements without the hassle of multiple loans.

Benefits of the 203k Program

  • **Single Loan for Renovation on your existing home or new Purchase**: Streamline your finances by combining the cost of home improvements and, if applicable, the purchase of a new home into one mortgage. No need to juggle multiple loans or lines of credit.
  • **Limited or no equity** The 203k program will allow you to borrower up to 100% of the AFTER IMPROVED home value, making funds available to transform your home as you want.
  • **Broad Eligibility**: The 203k program is available to a wide range of borrowers, including those with less-than-perfect credit. If you qualify for an FHA loan, you likely qualify for a 203k loan.
  • **Flexible Improvement Options**: Use the 203k loan for various projects, from minor repairs to major renovations. This includes structural changes, modernizing outdated kitchens or bathrooms, replacing roofing, adding energy-efficient features, and much more.
  • **Streamlined Process**: With the expertise of Van Patten Mortgage Group, the 203k loan process is straightforward and hassle-free. Our team of experienced professionals will guide you through every step, ensuring your project stays on track and within budget.

Why Choose Van Patten Mortgage Group?

  • **Expert Guidance**: Our knowledgeable mortgage specialists have years of experience with the 203k program and can help you navigate the complexities of home renovation financing.
  • **Personalized Service**: We take the time to understand your unique needs and tailor our services to match your renovation goals, ensuring a seamless and satisfactory experience.
  • **Local Market Understanding**: As a trusted local lender, we have an in-depth understanding of the regional market, enabling us to provide insights and support specific to your area.

Start Your Renovation Journey Today!

Ready to revitalize your home with a 203k loan? Contact Van Patten Mortgage Group today to speak with one of our mortgage experts. Let us help you turn your vision into reality and achieve the home of your dreams.

Van Patten Mortgage Group: Enhancing Homes, One Renovation at a Time

Feel free to contact us through our website or visit our office for more information on the 203k program and how it can benefit you. We look forward to partnering with you on your home renovation journey!

Van Patten Mortgage Group

We bring a customized, unique approach to mortgages. Our lending solutions use the perfect hybrid of human-driven insights and technical prowess to process loans faster and significantly reduce costs.

PHONE

(877) 846- 8657

E-MAIL

info@vplending.com

ADDRESS

4960 Robert J Mathews Parkway Suite A, El Dorado Hills, CA 95762

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Disclosure:
The content provided within this website is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Mortgage loans may be arranged through third party providers.
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