203k Home Remodeling
Approved 203k Home Remodeling Contractor4
Finding and buying your dream home can be a challenge in today’s real estate market. If you are out looking at houses, you know many of them need repairs and remodeling in order to make them livable for your family. Completing repairs and dealing with financing is one of the best reasons to consider a 203K loan.
GPC Construction, LLC, is a full-service residential construction company and an experienced Maryland 203K contractor. Our team works seamlessly with the homeowner, lender, consultant, and realtor to ensure the renovation process runs smoothly. The fact is, we have a long list of clients offering wonderful testimonials on our understanding of the 203K process and how easy we are to work with.
The DC Area's Top Experienced FHA 203k Loan Contractors
Even if the home you have your eye on is a fixer-upper, the Federal Housing Administration’s 203(k) loan program can help home buyers and homeowners afford to pay for and repair single family properties with a single loan (from $5,000 on up).
Normally, when you want to purchase a fixer-upper, you first have to secure financing to buy the home, then secure additional financing to repair the home. These short-term loans can be expensive and difficult to obtain. With an FHA 203k loan, the borrower can get just one mortgage loan to finance both the acquisition and the rehabilitation of the property, making this program ideal for purchasing foreclosed properties at major discounts.
These loans are a bit more complex, especially for first-time buyers and refinancers (there’s also a “streamline” version of this program), but it’s definitely a viable option if you’re looking to make homeownership even more affordable.
Our Lending Partner
If you’re considering buying a home that needs renovation, our Lending Partner is US Mortgage Corporation. They have over 20+ years of mortgage experience helping people build their dreams.
They have helped thousands of people in the Washington, DC Metro Area with renovation loans. They have the first-hand experience with the financial nuances of writing renovation loans. Their experienced support staff helps clients, like you, avoid all the common pitfalls that less-experienced lenders encounter. As a team, they deliver unsurpassed experience, effectiveness, and efficiency in renovation lending.
Give us a call today to learn more!
Areas We Service
Check the list below to see if we offer home remodeling & renovation services in your area!