Get The Lead Out® is excited about the recent surge in popularity about the 203k FHA Home Loan program! 203(k) loans are becoming more popular than ever. This is because there are so many foreclosures on the market that need repairs.
203(k) loans will allow you to do repairs up to FHA limits in your area, but have a minimum of $5,000 that goes toward repairs. This loan allows a customer to finance the purchase price, or the existing balance, and the cost of improvements into the loan amount.
There is one closing and funds are held into an escrow account and dispersed as work is completed. The program has the 
same guidelines as the regular FHA program and can be combined with the HUD $100 down program. You can have up to 6 months to complete the work!
Get The Lead Out® performs lead paint inspections and mold inspections for 203k FHA home loan programs. Our professional lead paint and mold inspection teams will perform an overall inspection and alert you and your bank to the presence of lead paint, lead dust or mold. If the presence is discovered, we can safely manage the removal of the lead paint and mold.
To find out more about our lead paint inspections and mold inspection programs for the 203k FHA home loan process, please call Pete Hubicki at Get The Lead Out® at 704-376-3594 or email peteh@gettheleadout.biz. We can work directly with you or your lender!
