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Jeff Onofrio
Meet Your 203K Lender for
WASHINGTON DC
Jeff Onofrio
(888) 203-0899
Director of Renovation Lending
NMLS #38670
HMA MORTGAGE
Company NMLS #139164
Hi I’m Jeff, 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.
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!
For Purchase
Avoid Common Financing Roadblocks
Avoid getting your financing denied due to property conditions. Avoid any upfront property repair requirements
For Refinance
Improvements are Made After Closing
Improve your home Size
Improve your home Comfort
Improve your home Value
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 Washington DC?
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, Jeff Onofrio, 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 Washington DC
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 203K Lender, to accomplish your goals and plans. Looking forward to hearing from you!"
Jeff Onofrio
(888) 203-0899
Jeff Onofrio is an FHA 203k Lender helping homebuyers, homeowners and real estate agents with their Renovation Loan financing throughout these District of Columbia / Washington DC areas.
Adams Morgan
Anacostia
Barnaby Woods
Barry Farm
Bellevue
Benning
Berkley
Bloomingdale
Brentwood
Brightwood
Brookland
Buena Vista
Burleith
Capitol Hill
Cathedral Heights
Chevy Chase
China
Cleveland Park
Colonial Village
Columbia Heights
Congress Heights
Crestwood
Deanwood
District of Columbia
Dupont Circle
Eckington
Edgewood
Fairfax Village
Foggy Bottom
Forest Hills
Fort Davis
Fort Dupont
Fort Lincoln
Fort Totten
Foxhall
Friend Heights
Garfield Heights
George
Glover Park
Hawthorne
Hillbrook
Hillcrest
Kalorama
Kent
Kingman Park
Knox Hill
Lamond Riggs
Langdon
LeDroit Park
Manor Park
Marshall Heights
Massachusetts Heights
McLean Gardens
Michigan Park
Mount Pleasant
Mount Vernon Square
Navy Yard
Near Northeast
North Cleveland Park
North Michigan Park
Observatory Circle
Park View
Penn Branch
Petworth
Pleasant Hill
Queens Chapel
Randle Highlands
River Terrace
Shaw
Shepherd Park
Sixteenth Street Heights
Southwest Federal Center
Spring Valley
Stronghold
Takoma
Tenley
Trinidad
Truxton Circle
Twining
U Street Corridor
Wakefield
Washington
Washington Highlands
Wesley Heights
West End
Woodley Park