Category Archives: Renovation Home Loans

Houzz.com Gives Southern California Home Remodeling And Decor Ideas

Houzz.com gives inspiration for Southern California home remodeling ideas and homeowners throughout the U.S.  This website is chocked full of hundreds of remodeling photos for each room of the house. There’s a nice mobile app that goes with it, and even an area where you can get quotes for the work you want done.  But remember not […]

Run Out Of Cash On Your Remodel? The 203k Loan Refinance Can Help

Pic Credit to Razvan Ionut I got a call the other day from a contractor who said that his client was in the middle of remodeling their home and they had run out of cash to finish the remodel.  Their previous contractor underestimated the costs of the materials and the home owner was using thier […]

How To Qualify For A 203k Loan

Pic Credit to Digitalart   How to qualify for a 203k loan. A 203k loan isn’t any more difficult to qualify for a regular FHA loan or conventional loan.  You have to give the same income, asset and liability documentation and as long as you have at least a 3.5% down payment you can be […]

Using the 203k Loan For Multiple Unit Properties

  Yet another way to use the 203k loan, for multiple unit properties. A home buyer can purchase and remodel up to a four unit building as long as it is to be owner occupied. Again no investors allowed. The FHA 203k maximum loan limits on units is higher than for a single family unit, […]

Call Me With Any Renovation Home Loans Question!

Kevin Walton Best Capital Funding 203k Loan Specialist 805-276-1942