203K

203K – An FHA 203K loan allows you to renovate your home, tearing down those unwanted areas and re-building even before you move into your new home. They need special care to make sure you are spending your hard-earned dollars wisely and are getting what you expected from the contractors helping you. The repair funds are kept in escrow and used until all necessary repairs are completed. Call Medallion Mortgage Inc today to apply for this exciting and special type of renovation/purchase or refinance.