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Restoring History with an FHA 203k Renovation Mortgage

This is a story of a home owner who purchased a home with extensive fire damage.  They brought this 1870’s historic home back to life using a FHA 203k Renovation mortgage to complete all the needed repairs and more.  A piece of Kalamazoo, Michigan’s history has been restored!

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HOW TO GET $10,000 TOWARD YOUR DOWN PAYMENT IN KALAMAZOO

HOW TO GET $10,000 TOWARD YOUR DOWN PAYMENT IN KALAMAZOO: THE MSHDA MI 10K DPA PLAYBOOK!

Are you ready to stop paying your landlord’s mortgage in Kalamazoo or Portage, but saving $10,000 to $15,000 for a down payment and closing costs feels like trying to run through wet cement?

Yesterday morning, a first-time home buyer walked into my office. They hold steady employment at a local healthcare system, maintain clean credit, and pay $1,650 every single month in rent.

Over the weekend, they toured a great starter home listed at $220,000 near Milwood.

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