Greater Chicagoland Fellowship is providing this for informational purposes only and shall not be for the purpose of any type of FHA solicitation advertising.
We at Greater Chicagoland fellowship are here to help with your housing Needs and desires.
The Staff and Board Members of Greater Chicagoland Fellowship are very familiar with many types of mortgage loan products including, down payment assistance programs and rehab type loans which you may desire for distressed properties or those properties you have seen that are just in need of updating to fit your needs and wants. And yes, you can use this loan for any type of property up to a 4 unit building if you wish to be a landlord for additional income. Why not rehab that new home or home you are currently living in and build your new home around your ideas and wishes in order to build the home you have always dreamed of. Don't settle for less than your american dream home. We have strong experience with FHA 203K loan products which we can educate you on the process of using this type of loan for purchasing a home or updating your current home in need of major repairs and or cosmetic repairs. This type of loan includes the funds necessary to fund the purchase, or refinancing your current loan, as well as any renovations the buyer or homeowner wishes all in one mortgage. We at Greater Chicagoland Fellowship will be glad to assist in connecting you with our very experienced list of Lenders, Realtors and Attorneys and assist you from the beginning to the end of the process. All rehab work is done by Greater Chicagoland Rehab Services, LLC, which is a subsidiary of the Greater Chicagoland Fellowship. We work fast, efficient and provide a very professional outcome at lower than normal cost as other contracting firms as a direct result of the discounts we receive from our suppliers being a non-profit organization. Below is a 203K information layout to help you understand more about this FHA 203K renovation loan product. You can also refer to the pictures below to see a few projects and what type of rehab work our organization performs with 100's of satisfied clients and new homeowners.