203kLoan

FHA 203k Mortgage Loans
Improve and buy your home with ONE loan!

Eagle Mortgage & Funding, Inc. is proud to offer 203k renovation home loans in Memphis Tennessee and the surrounding areas. FHA 203k loans allow you to purchase your home and have money to improve the property, all in one mortgage loan.
 

Let our team at Eagle Mortgage and Funding help you, our first priority is making sure you get the perfect loan while saving money, and we will never steer you in a direction that won't be benificial to you. Fill out the quick form above or call us now to get a free, customized, no obligation loan quote!

A Standard 203k loan is for those who need more than $35k for home improvements or repairs of which is added to your total loan amount.

 

A Streamline 203k loan is great for those who need less thatn 35k in repairs or home improvements. This amount is added to your total loan.

 

  • 203k loans are FHA backed mortgages
  • Property must be Owner occupied, 1-4 Units
  • Appraisal is based on future value after improvements are made
  • Downpayment of only 3.5%
  • 660 Minimum Credit