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NEWS

Not Enough Move-In Ready Homes? That Might Be an Advantage…

  • 7 days ago
  • 1 min read
FHA 203(k) Loans - Renovation Loans - Rehab Loans
FHA 203(k) Loans - Renovation Loans - Rehab Loans


Inventory is tight—and the “perfect” homes are getting multiple offers.


But what about the homes that are almost perfect?

The ones with great location and layout…but need updates, repairs, or improvements.


That’s where the real opportunity is.

With an FHA 203(k) Limited Renovation Loan, buyers can:

Purchase the home

Finance the renovations (up to $75,000)

Customize it from day one


Why This Matters:


For Buyers: Stop overpaying for someone else’s upgrades. Create your own vision—and build equity while doing it.


For Realtors: Turn overlooked listings into closings.This is how you save deals that fall apart due to condition.


What Makes This Program Attractive:


• Renovation costs up to $75,000 (Limited 203k)


No FHA consultant required (simpler, faster process)


• Primary residences (1–4 units)


• FHA-approved condos, site condos, PUDs


• Licensed contractor required (no DIY)


Have a property that needs work?


Send it to me—I’ll help you structure it the right way.


Chris A. Heidt


(239) 470-6310



 
 
 

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8801 College Parkway Suite 2

Fort Myers, FL 33919   |   239-470-6310

All loans are Member subject to credit review and approval. Rates subject to change without notice. This is not a commitment to lend. FDIC Contact your Northpointe Bank loan expert for full details.

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