Loan Program
FHA 203K
The Section 203(k) Rehabilitation Mortgage Insurance Program is used to: – Rehabilitate an existing one- to four-unit structure, which will be used primarily for residential purposes. – Rehabilitate a structure and refinance outstanding indebtedness on the Structure and the Real Property on which the Structure is located. – Purchase and rehabilitate a Structure and purchase the Real Property on which the Structure is located
With the Program
FHA 203K
We have the following characteristics
– No Overlays: we will underwrite based on FHA Guidelines.
– Flexible Rehabilitation: close before home rehabilitation is complete and no mortgage payments until rehabilitation is complete.
– Flexible Rehabilitation: close before home rehabilitation is complete and no mortgage payments until rehabilitation is complete.
– Low Down Payment: 3.5% down payment for 640+ FIC
– High Debt To Income OK: Max Debt To Income of 55% for 640+ Puntaje de crédito. Only for primary residences.
City Lending Inc. no está afiliada ni actúa en nombre ni bajo la dirección del VA o del Gobierno Federal.
2010 Corporate Ridge, Suite 850, Mclean, VA 22102
877-204-8191
info@citylendinginc.com
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Licensed States
City Lending, Inc. © 2024. ALL RIGHTS RESERVED | 877-204-8191 | NMLS ID: 1045126 City Lending, Inc. is a licensed mortgage company, with its main office located at 2010 Corporate Ridge, Suite 850, McLean, VA 22102. NMLS Unique Identifier #1045126 / Arizona, NMLS #1042524 (www.nmlsconsumeraccess.org).
NMLS Consumer Access is a free service for consumers to verify whether a financial services company or professional is authorized to do business in their state. Equal Housing Opportunity | © 2025 City Lending Inc.
