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© 2018 Primary Residential Mortgage, Inc.

McKnightTeam@PrimeRes.com | 979.221.6682
2700 Earl Rudder Frwy, Ste 1525 College Station, TX 77845
NMLS# 1161933
Affiliations

PRMI NMLS: 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. This office is licensed and examined by the Office of Consumer Credit Commissioner of the State of Texas.Department of Financial Institutions CL-3094.

RENOVATION

Looking to renovate your home? We offers renovation products and home equity lines of credit to fit all needs as well as new construction needs. Apply today with The McKnight Team @ PRMI.

HomeStyle

The Fannie Mae Homestyle Renovation loan is our standard renovation program for the conventional borrower (up to 95% Loan To Value).  With this program you can perform all of the same renovations as with the FHA 203(k) loan, but without all of the limitations FHA guidelines has.

203K Limited

If You’ve been passing up buying a home because it requires cosmetic repairs.  FHA has a renovation program that provides funds for repairs and / or upgrades.

Not to be confused with the FHA Standard 203(k) program, the Limited 203(k) eliminates much of the paperwork and simplifies the process to obtain rehab funds.  The primary function of the limited 203(k) program is to aid with those cosmetic or minor repairs (repair or replace, NO Structural repairs)

203K Standard

The FHA Standard 203(k) renovation loan, allows buyers the ability to finance major or minor upgrades on a home without having to get the work done before closing.  Borrowers cannot purchase a home needing major repairs (ex. Foundation repairs, any minimal property requirements, or large projects over 35k), without a renovation loan to roll these costs in.