Jim Mayes -
Realtor®
Certified Foreclosure Specialist
727-804-7842
TAMPA BAY AREA FORECLOSURE
PROPERTY RESOURCES
Funding Foreclosure Property Repairs
FHA 203(k)
Loan Program
- This program can be used to finance properties that
need repairs in excess of $5000. This is a combination home purchase-improvement mortgage based on the increased market value after renovation is completed.
This FHA program is for single family homes and some condominiums
(with certain restrictions).
HomePath
Loan Program - This program is provided by Fannie Mae and may be used to finance the
rehabilitation of certain properties.
HomeStyle
Loan Program - This program is provided by Fannie Mae and may be used
investors, individuals, local government agencies and
nonprofit organizations to finance the
rehabilitation of certain properties.