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Sacramento, Ca 95825
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You will be able to log in for up-to-the-minute updates on your loan in process and easily submit needed documentation to us to help ensure a faster transaction for you. This new state-of- the-art communication system will also support our efforts toward complete paperless transactions and helps us further our Think Green initiatives!

Team VITEK Blog

Posts Tagged ‘Streamline(k)’

Fixer-Uppers Made Easy

Monday, December 7th, 2009

Want to buy a home but need more money for desired or required repairs? You now have a solution! The Department of Housing and Urban Development’s FHA Streamline 203(k) loan allows you to finance up to $35,000 more into your mortgage to repair or upgrade the home before you move in.

Whether cosmetic or necessary, you can quickly and easily tap into the additional money needed to afford the home improvements. Even better, the additional funds are included in your mortgage. You only have one loan and rates are the lowest ever!

Of course there are limitations and not every repair qualifies. If you or anyone you know is interested, give us a call. We’ll gladly provide you more information about this special program. Call now and you may be eligible for up to $8,000 in additional government tax credits!


Evelyne Jamet
(916) 486-6926
ejamet@teamvitek.com

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Posted in FHA, Streamline(k), VITEK Mortgage Group | 4 Comments »

A Dream Come True

Friday, August 7th, 2009

Have you found a home that you love but it is in need of some TLC? You love the “bones” of the home, but it is missing appliances, the floor is torn up, lights are pulled out, there is graffiti on the walls and possibly even other damage.

That is what my very dear client found when she spotted a great buy in the area she wanted to live. The price was just right, but how was she going to afford all of the home repairs to make this property a nice place to live? The answer for her was the FHA Streamline(k) home loan program. This program is an ideal solution for homebuyers who need to finance non-structural basic repairs into their FHA home loan. It has been a top loan program for buyers looking to purchase one of the many bank-repossessed homes that are priced right but need repairs done to them.

Click this link to watch a news video clip that aired about the above client’s transaction.

If you are interested in learning more about the FHA Streamline(k) loan program, and how this wonderful loan can help you turn an ugly duck into a shining star contact me today. I can even provide you a list of eligible repair items.

As a Mortgage Loan Originator here at VITEK Mortgage Group for over 12 years, when you meet with me, I will listen to your needs and wants and help you find the right home loan program to fit them.

Make your dream come true, call me today!

Marlena Olson
(916) 486-6931
molson@teamvitek.com

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Posted in Streamline(k), VITEK Mortgage Group | 1 Comment »