EMB Lenders Kentucky

859-296-4495

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  • More
    • HOME
    • PURCHASE
    • REFINANCE
    • LOAN OPTIONS
      • 30 YEAR FIXED
      • Conventional Loan
      • FHA LOANS
      • VA LOANS
      • USDA LOANS
      • CONSTRUCTION LOANS
      • JUMBO LOANS
      • 203(k) RENOVATION LOANS
    • FREE TOOLS
      • HOME VALUE
      • SEARCH HOMES FOR SALE
      • PRE-APPROVAL LETTER
      • AIRBNB POTENTIAL
      • CREDIT REPAIR
      • MATCH ME WITH A REALTOR
      • MATCH ME WITH A BUILDER
      • HOME INSURANCE QUOTE
    • OUR PROS
    • CAREERS
    • BOOK A MEETING
EMB Lenders Kentucky

859-296-4495

  • HOME
  • PURCHASE
  • REFINANCE
  • LOAN OPTIONS
    • 30 YEAR FIXED
    • Conventional Loan
    • FHA LOANS
    • VA LOANS
    • USDA LOANS
    • CONSTRUCTION LOANS
    • JUMBO LOANS
    • 203(k) RENOVATION LOANS
  • FREE TOOLS
    • HOME VALUE
    • SEARCH HOMES FOR SALE
    • PRE-APPROVAL LETTER
    • AIRBNB POTENTIAL
    • CREDIT REPAIR
    • MATCH ME WITH A REALTOR
    • MATCH ME WITH A BUILDER
    • HOME INSURANCE QUOTE
  • OUR PROS
  • CAREERS
  • BOOK A MEETING

Renovate Your New Home In One Loan!

Qualifier Tool

The Lowdown on 203(k) Renovation Loans...

Our 203(k) Renovation Loan Rates Are Low & Our Process is Quick & Painless


An FHA 203K loan is a loan backed by the federal government and given to buyers who want to buy a damaged or older home and do repairs on it. 


Here’s how it works: Let’s say you want to buy a home that needs a brand-new bathroom and kitchen. An FHA 203(k) lender would then give you the money to buy (or refinance) the house plus the money to do the necessary renovations to the kitchen and bathroom.


Often the loan will also include: 1) an up to 20% contingency reserve so that you will have the funds to complete the remodel in the event it ends up costing more than the estimates suggested and/or 2) a provision that gives you up to about six months of mortgage payments so you can live elsewhere while you’re remodeling, but still pay the mortgage payments on the new home.


We're here to make the 203(k) home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE Rate Quote Tool 


We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.


The 203(k) Loan Process

Here’s how our home loan process works:

  • Complete our simple FREE Rate Quote Tool 
  • Receive options based on your unique criteria and scenario
  • Compare mortgage interest rates and terms
  • Choose the offer that best fits your needs

Why a 203(k) Renovation Loan?

The main benefit of these loans is that they give you the ability to buy a home in need of repairs that you might not otherwise have been able to afford to buy. Plus, the down payment requirements are minimal, and often you get decent interest rates. 

203(k) LOAN QUALIFIER
Search For Your New Home Here
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EMB Mortgage Group, a Division of ProMortgages LLC

141 Prosperous Place, Suite 25, Lexington, KY 40509

859-296-4495

EMB Mortgage Group, a Division of ProMortgages, LLC NMLS 2071, is an Equal Housing Lender.   

 www.nmlsconsumeraccess.org 


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