Send a message to:
PERRY
FARELLA
Meet Your 203K Lender for
UTAH
Perry Farella
(888) 280-5654
203K & Conventional Renovation Specialist
NMLS #755943
First Community Mortgage
Company NMLS #629700
Approving Loans Since 2002!
Hi I’m Perry, an FHA Loan & 203K Renovation Specialist! I Want to Hear From You! Let's Talk About Your Purchase or Refinance.
Let's talk about, How to Qualify, 203k Loan Requirements, & Other Questions you may have. Your Situation is Unique which is Why it’s Best for Me to give you the Answers you are looking for personally. Call or e-mail Me, whichever way works best for YOU. Also Conventional HomeStyle, Choice and VA renovation loan options.
Looking for an FHA Loan? Why not make it an FHA 203K?
FHA 203K Renovation & Home Improvement Financing for Purchasing or Refinancing Your Home
Creating The Home You Love STARTS HERE!
203K Purchase
Avoid Common Financing Roadblocks
This Loan Option allows you to buy your fixer upper "As Is" and Rehab it with a minimal down payment. Having this advantage can create a great opportunity for you.
203K Refinance
Improvements are Made After Closing
This refinancing loan option allows you the maximum home improvement funds you need to make your home the best it can be.
All In One Loan!
Finance Plus Improvements!
Combine your home improvement funds with your purchase or refinance loan to Renovate, Repair, Rehab, or Remodel your property all at the same time.
What Properties are 203K Eligible in Utah?
203K Eligible properties include Single Family, 2 to 4 units, Condos, Townhomes, and even mixed use.
Types of FHA 203K Eligible Sales
Regular Standard Listing, Foreclosure, HUD Repos, REO, For sale by Owner, as well as other sales, plus it can be used to refinance.
A Home Owners Guide to the FHA 203K Loan
Get The 203k Loan Info You Need!
FREE DOWNLOAD!
FHA 203K Questions You May Have
Ready to unravel the FHA 203K loan? Let's start by covering the basics first. For more tailored, in-depth answers specific to your situation, feel free to reach out to me, Perry Farella, your dedicated 203K Lender, for all the detailed information you need.
What is an FHA 203k Loan?
An FHA 203k loan is a Federally Insured Loan designed to help home buyers purchase a property that needs renovation or refinance an existing home with the goal of making repairs and improvements. It's the financing tool for your home transformation!
How to Qualify for an FHA 203k Loan in Utah
Qualifying for a 203k loan is easy, whether you’re Buying or Refinancing. This type of home improvement loan is just like any other type of home loan except you’ll also get the additional funds needed for all your Repairs, Renovations or Rehab.
Who is Eligible to Qualify for a 203k Loan?
Whether you’re a First-Time Homebuyer, previously Owned a home or currently a Homeowner, you are eligible to qualify for a 203k Loan as long as you plan to occupy the property.
Who is a 203k Loan For?
The FHA 203K Loan is a great option for those looking to add home improvement funds to their purchase or refinance loan, with the advantage of a minimal down payment or equity.
Why a 203k Loan?
This All-in-One Loan allows a broader scope of properties for you to choose from. You can pick up a fixer upper or an outdated property and fix it up the way you want. With other types of financing, property conditions could cause a dilemma requiring these issues to be resolved before closing your loan. That can slow down or stop your transaction from closing. With the 203k you will avoid those property condition hurdles
How Does an FHA 203K Work?
Unlike other loans, the 203K Loan approval is based on the FUTURE Value of the home (after improvements), rather than the current value. This unique feature allows home buyers to finance improvements with a minimal down payment and for current property owners, allows to refinance with minimum equity as well.
Once the loan closes the home improvements begin. Funds are disbursed as scheduled and the end results is a property that you envisioned and love!
How To Start Your 203K Loan?
To get started, you'll need to contact your 203K Specialist and provide them with preliminary info about yourself, your property, and the renovations you’d like to accomplish.
Get quick Answers to your FHA 203K Loan Questions!
"Contact me now, to accomplish your goals and plans. I look forward to hearing from you!"
Perry Farella
(888) 280-5654
Perry Farella is an FHA 203k Lender helping homebuyers, homeowners and real estate agents with their Renovation Loan financing throughout the Utah cities below:
Alpine
Alta
Altamont
Alton
Amalga
American Fork
Annabella
Antimony
Apple Valley
Aurora
Ballard
Bear River City
Beaver
Bicknell
Big Water
Blanding
Bluff
Bluffdale
Boulder
Bountiful
Box Elder
Brian Head
Brigham City
Brighton
Bryce Canyon City
Cache
Cannonville
Carbon
Castle Dale
Castle Valley
Cedar City
Cedar Fort
Cedar Hills
Centerfield
Centerville
Central Valley
Charleston
Circleville
Clarkston
Clawson
Clearfield
Cleveland
Clinton
Coalville
Copperton
Corinne
Cornish
Cottonwood Heights
Daggett
Daniel
Davis
Delta
Deweyville
Draper
Duchesne
Dutch John
Eagle Mountain
East Carbon
Elk Ridge
Elmo
Elsinore
Elwood
Emery
Emigration Canyon
Enoch
Enterprise
Ephraim
Erda
Escalante
Eureka
Fairfield
Fairview
Farmington
Farr West
Fayette
Ferron
Fielding
Fillmore
Fountain Green
Francis
Fruit Heights
Garden City
Garfield
Garland
Genola
Glendale
Glenwood
Goshen
Grand
Grantsville
Green River
Gunnison
Hanksville
Harrisville
Hatch
Heber
Helper
Henefer
Henrieville
Herriman
Hideout
Highland
Hildale
Hinckley
Holden
Holladay
Honeyville
Hooper
Howell
Huntington
Huntsville
Hurricane
Hyde Park
Hyrum
Independence
Interlaken
Iron
Ivins
Joseph
Juab
Junction
Kamas
Kanab
Kanarraville
Kane
Kanosh
Kaysville
Kearns
Kingston
Koosharem
La Verkin
Lake
Lake Point
Layton
Leamington
Leeds
Lehi
Levan
Lewiston
Lindon
Loa
Logan
Lyman
Lynndyl
Magna
Manila
Manti
Mantua
Mapleton
Marriott-Slaterville
Marysvale
Mayfield
Meadow
Mendon
Midvale
Midway
Milford
Millard
Millcreek
Millville
Minersville
Moab
Mona
Monroe
Monticello
Morgan
Moroni
Mount Pleasant
Murray
Myton
Naples
Nephi
New Harmony
Newton
Nibley
North Logan
North Ogden
North Salt Lake
Oak City
Oakley
Ogden
Orangeville
Orderville
Orem
Panguitch
Paradise
Paragonah
Park City
Parowan
Payson
Perry
Piute
Plain City
Pleasant Grove
Pleasant View
Plymouth
Portage
Price
Providence
Provo
Randolph
Redmond
Rich
Richfield
Richmond
River Heights
Riverdale
Riverton
Rockville
Rocky Ridge
Roosevelt
Roy
Rush Valley
Salem
Salina
Salt Lake
Salt Lake City
San Juan
Sandy
Sanpete
Santa Clara
Santaquin
Saratoga Springs
Scipio
Scofield
Sevier
Sigurd
Smithfield
Snowville
South Jordan
South Ogden
South Salt Lake
South Weber
Spanish Fork
Spring City
Springdale
Springville
St. George
Sterling
Stockton
Summit
Sunset
Syracuse
Tabiona
Taylorsville
Tooele
Toquerville
Torrey
Tremonton
Trenton
Tropic
Uintah
Utah
Vernal
Vernon
Vineyard
Virgin
Wales
Wallsburg
Wasatch
Washington
Washington Terrace
Wayne
Weber
Wellington
Wellsville
Wendover
West Bountiful
West Haven
West Jordan
West Point
West Valley City
White City
Willard
Woodland Hills
Woodruff
Woods Cross