FHA 203(k) Loans
Stearns Lending LLC
Offering FHA Streamline 203(k) program; minimum 640 credit score; repairs to $35K included in loan; no minimum amount. Minor renovation, repair, upgrades and/or improvements. No consultant or General Contractor required. 50% initial draw permitted. 10% contingency reserve, inspection, title update, and lender’s supplemental origination fees can be included in the loan amount.
Lending Territory: NATIONWIDE except AK, KY, LA, MI, MN, MO, MS, ND, NY, OH
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