An FHA 203K loan is a loan backed by the federal government and given to buyers who want to renovate a home. An FHA 203K loan allows the borrower to finance the home, plus provides financing to do the necessary renovations to the home.
We're here to make the 203K home loan process easier, with tools and knowledge that will help guide you along the way.
We'll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you're a first-time home buyer or a repeat buyer.
Here's how our home loan process works:
Fairway is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency.
The main benefit of these loans is that they give you the ability to buy a home in need of repairs that you might not otherwise have been able to afford to buy. Plus, the down payment requirements are minimal, and often you may be able to receive a favorable interest rate.
Fairway Independent Mortgage Corporation NMLS #2289 | Website Design by GoBeRewarded
4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800.
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.
AZ License #BK-0904162
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, License No 41DBO-78367. Licensed by the Department of Business Oversight under the California Finance Lenders Law, NMLS #2289. Loans made or arranged pursuant to a California Residential Mortgage Lending Act License.
Licensed by the NJ Department of Banking and Insurance
TX Location: 1800 Golden Trail, Carrollton, TX 75010
Fairway Independent Mortgage Corporation NMLS Entity ID #2289
GA: Georgia Residential Mortgage Licensee #21158
NY: This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the state of New York will be accepted through this site