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a construction arkansas​

Experience Matters

What Is an FHA 203k Mortgage Purchase?

The FHA 203k mortgage is a government-backed loan program designed to help homebuyers purchase and renovate properties with a single loan. This program is ideal for buyers looking to turn a fixer-upper into their dream home without the hassle of multiple loans. With competitive interest rates and flexible requirements, it’s a perfect solution for first-time homebuyers and those aiming to revitalize older properties.

How Does an FHA 203k Loan Work?

  • Loan Coverage: Combines the cost of the home purchase and renovation into one loan.
  • Eligible Properties: Includes single-family homes, multi-family units (up to 4), and HUD-approved properties.
  • Renovation Scope: Covers essential repairs, modernizations, and even luxury upgrades like energy-efficient installations.

Types of FHA 203k Loans

  • Standard 203k Loan: Ideal for major structural repairs and large-scale renovations.
  • Limited 203k Loan: Suited for minor repairs and upgrades with a simpler approval process.

Benefits of an FHA 203k Mortgage Purchase

  • Low Down Payment: As low as 3.5% for qualified buyers.
  • Competitive Interest Rates: Affordable rates compared to conventional loans.
  • Simplified Process: Combines buying and renovating into a single loan.
  • Accessible Requirements: Flexible credit and income criteria make it easier to qualify.

How to Qualify for an FHA 203k Loan?

  1. Meet minimum credit score requirements (typically 620 or higher).
  2. Ensure the property meets FHA guidelines for eligibility.
  3. Work with an FHA-approved lender and submit required documentation.
  4. Have a clear renovation plan, including contractor estimates.

Tips for Making the Most of an FHA 203k Loan

  • Partner with experienced lenders and realtors familiar with FHA 203k loans.
  • Get pre-approved to understand your budget for the home and renovations.
  • Plan realistic timelines for purchase and renovation completion.

Garrett Feis / Founding Partner

Since 1992, Garrett Feis has been an integral part of developing the 203k renovation loan program and bringing HUD 203k Consultants online in the process. In that same year Garrett Feis began working with FHA staff in Washington DC.

Garrett Feis is an essential part of the development of the HUD 203k Consultant loan program. He is also one of the programs first 203k HUD Consultant.

Since 1995, Mr. Feis has trained more than 400 new 203k HUD consultants nationally.
Today Garrett Feis teaches all aspects of renovation lending and consulting to perspective buyers, realtors, lenders and contractors.

“I’m proud to say that the development of the consultant and consultant responsibilities which are currently in the 4000-1 today are things that I wrote.”

I spent the rest of the 1990’s training other consultants and lenders nationally.

Most Renovation Lenders are aware that we have more than 30 years’ experience in the FHA 203k and Renovation Industry.
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FHA 203k Mortgage Purchase

Michael Bosworth Esq.

From the inception of 203k Connections

Our idea was to serve an underserved community

To offer resources that are not always easy to find.

A203k Lender, a 203k HUD Consultant, and a 203k Realtor experienced in successfully completing FHA 203k Projects.

Whether You Want To Increase Your Properties Value Or If you Are A First Time Homebuyer Our Team Of Renowned Renovation Experts Are Beyond Reproach And Will Guide You Through The Renovation Process From The Beginning To The End. We Provide The knowledge and Support So That Our Clients Can Make An Informed Decisions about their Renovation Needs.
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Expert Guidance for Your Home Projects

At 203k Connections, we know that successful home projects start with informed decisions. Our construction advice is tailored to help homeowners navigate the renovation process with confidence, providing insights on planning, budgeting, and design choices that add long-term value to your home. Our experienced team shares practical advice on selecting materials, understanding timelines, and managing costs, so you’re prepared for each step of the project.
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Construction - Architecture - Interior design

Why Choose Us?

Your Trusted Partner in Home Transformation

We bring experience, dedication, and a genuine passion for helping homeowners create spaces they love. Our team combines skilled craftsmanship with innovative design, ensuring that each project is not only beautiful but also built to last. We take pride in our attention to detail, quality materials, and commitment to exceptional results.

Expert Craftsmanship

Our skilled professionals bring years of experience, ensuring top-notch quality in every project. We focus on precision and detail to create beautiful, lasting results.

Timely Project Delivery

We prioritize completing projects on schedule without sacrificing quality. Our effective management keeps your renovation on track and stress-free.

Personalized Service

We tailor our approach to reflect your unique vision and needs. Open communication ensures that your renovation aligns perfectly with your style.

Transparent Pricing

We provide clear, detailed estimates with no hidden costs. Our fair pricing guarantees you get the best value for your investment.

Comprehensive Solutions

From kitchen remodels to outdoor living spaces, we cover all your renovation needs. Our all-in-one service streamlines the process and enhances efficiency.

Customer Satisfaction

Your satisfaction is our top priority, and we strive to exceed your expectations. We are committed to delivering results that leave you thrilled with your space.

Make Your Dream Home a Reality!!!

Free Consultation

Let's Discuss Your Next Project

Ready to bring your ideas to life? At 203k Connections, we’re passionate about turning your dreams into expertly crafted spaces. Whether you’re planning a small renovation or a major transformation, our team is here to listen, guide, and collaborate with you at every stage. Contact us today, and let’s start shaping the future of your space together!

  • 310 919 7415

  • 203kBuild@gmail.com

  • Atlanta, Los Angeles, and Chicago

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