Home Inspection Professionals is proud to announce the addition of 203K Consulting Services!
As a HUD approved 203(k) consultant and the owner of HIP, Kevin Stripling is proud to offer this expansion of services to our clients. The 203(k) program is HUD’s primary program for the rehabilitation and repair of single family properties. As such, it is an important tool for community and neighborhood revitalization and for expanding homeownership opportunities.
FHA’s Streamline 203(k) Mortgage The “Streamline”(K) Limited Repair Program permits homebuyers to finance an additional $35,000 into their mortgage to improve or upgrade their home before move-in. With this product, homebuyers can quickly and easily tap into cash to pay for property repairs or improvements, such as those identified by a home inspector or FHA appraiser.
For a list of lenders offering the 203(k) Rehabilitation Program, please visit the HUD website for more details.
If you have questions about the 203(k) program or are interested in getting a 203(k) insured mortgage loan, please Contact Us. We’d love to get you started!