Buy, Renovate, and Build Equity
Our FHA 203k Loan is more than just financing, it's an opportunity to create the home you want! This loan is designed for the buyers who see potential in a home that needs repairs, renovations, or modernization by bundling financing for purchase and repair into one loan.
Contact one of our knowledgeable loan officers today to see if the FHA 203k Loan is right for you!
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Why choose a 203k Loan?
Fixer-uppers may be more affordable – With an FHA 203(k) loan, you can purchase a home that needs some TLC without paying top dollar, making it easier to enter the housing market.
You may be able to get more space for your purchase – By including renovation costs in your mortgage, you can expand or improve your home instead of settling for less space or outdated features.
Your home can be what you want it to be – From updated kitchens to modernized bathrooms, an FHA 203(k) loan gives you the flexibility to turn a house in need of repairs into the home of your dreams.
Why choose Shoreham Bank?
As a trusted nationwide lender proudly headquartered in Rhode Island, we bring deep local roots to our clients and partners across the country. Our team is committed to clear communication, expert guidance, and a seamless lending experience from start to finish.
Contact us today to learn more!
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All loans subject to credit approval. Other restrictions may apply.