The Money House, Inc., is an Equal Housing Lender. These materials and information are not from or approved by HUD/FHA. Not all programs will provide proceeds sufficient to pay off outstanding debts and liens filed of record. Programs and products noted may require the payment of upfront, annual and/or monthly private mortgage insurance premiums and/or mortgage insurance payments. For purchase transactions, property value is determined as the lesser of the final purchase price or the adjusted appraised value – refer to specific program qualification and eligibility guidelines offered by your professionally licensed Moneyhouse Mortgage Loan Originator for more details. For refinance programs, program imitations may include cash-out options and loan-to-value – refer to specific program guidelines offered by your professionally licensed Moneyhouse Mortgage Loan Originator for more details. Some programs referenced may require specific 3rd party or designated housing counseling requirements. You are encouraged to seek professional services assistance for accounting, legal and real estate matters relating to your contemplated transaction. Individual and property specific program qualification guidelines including borrower and property eligibility should be discussed with a professionally licensed Moneyhouse Mortgage Loan Originator. This information is not a loan commitment, loan approval, or offer to lend. Terms, features and benefits for specific loan programs and information provided are subject to change without notice. Not all programs, references, products, options and terms indicated are available in all states. This loan can be used for improvements on a refinance or purchase.Ideal to purchase and restore repossessed properties.Loan amount based on appraised value of home including proposed renovations.Close on your loan and make repairs after closing.Combine renovation costs and first mortgage with either fixed rate or adjustable rate mortgage.Can be used for updating, modernization, or total renovation of your home.Whether the improvements you require are large or small, necessary or optional, you can add value to your property by accessing the Moneyhouse FHA 203K program Media coverage, the increased availability of simple and useful tools and products, an abundance of online and live project and task education resources and growing market appreciation are but a few of the reasons many homeowners choose to roll up their sleeves and buy a fixer upper. Less than "move-in" ready housing inventory has recently taken notice by many first time homebuyers and others seeking to live more environmentally correct. Today’s high home costs and values are making home ownership harder for many Americans. Vice Chairman & Chief Executive Officer at Moneyhouse Vinay Mahajan is the Vice Chairman & Chief Executive Officer at Moneyhouse based in San Juan, Puerto Rico. The 203K Loan program provides funds for both the purchase and the renovation of a home, packaged into one mortgage loan. The Money House, Inc., is an Equal Housing Lender.Did you know that an FHA 203K Renovation may be just what you need to transform that one-of-a-kind property into the dream home you envision? THE CONTENT ON THIS WEBSITE WAS NOT FROM AND WAS NOT APPROVED BY HUD OR FHA. All Borrowers are subject to complete program criteria and underwriting guidelines. This is not a commitment to lend or a loan approval. Terms and site content subject to change without notice. For consumer information please paste into your browser. The information contained on this website is for authorized licensed mortgage professionals only and is not intended or to be used for access by consumers. Not all products, programs and options are available in all states. NMLS # 169716: Corporate Office: 52 Paseo Covadonga St., San Juan, PR, 00901 78 Licensed by the Commissioner of Financial Institutions of Puerto Rico #IH-040 California: Department of Business Oversight under the California Residential Mortgage Lending Act, License #41DBO-46418 Florida: Florida Mortgage Lender License MLD821 Georgia: Georgia Department of Banking and Finance # 47451 Illinois: Illinois Residential Mortgage License # MB 6761152 Tennessee: Tennessee Department of Financial Institutions #128757 Texas: Texas SML Mortgage Company Branch License NMLS ID #1392959, for additional consumer information refer to the Texas Consumer Complaint and Recovery Fund Notice located on our main website legal page.
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