Spectrum One is now offering different options for financing. Choose an option which works best for your project.
Renovation and Remodel Home Loans
A 203(k) loan is an FHA-backed loan that can be used to refinance an existing home with added money for repairs, updates, or renovations. There are two types to choose from, depending on your needs.
Pros:
• No equity is necessary.
• The loan allows you to stay with one mortgage and one payment.
• There’s no minimum renovation for Limited 203(k).
• Structural repairs are OK with Standard 203(k).
More details at Evergreenhomeloans.
