Bank of America FHA 203k Streamline Loan Program

Many FHA lenders will help you with a FHA 203k streamline loan, but only one of those lenders is named “Bank of America” and is the largest bank in the nation.

Bank of America offers the FHA 203k streamline loan which is designed for people who want to buy a home but the home is in need of a few repairs. The FHA 203k streamline loan from Bank of America will allow you to get up to $35,000 to finance the repairs of the home and finance the costs into your loan.

Bank of America offers the FHA 203k streamline loan program as well as the FHA 203k loan program.

Bank of America and the FHA 203k Streamline Loan

Many people searching for information about the FHA 203k loan want to know how to get the best deal on their FHA 203k loan as well as get the best FHA 203k intest rates. There is one simple thing that you can do to get the best deal from Bank of America (or any other lender) when thinking about getting an FHA 203k loan: shop around.

Get multiple quotes from multiple lenders who also offer the FHA 203k loan.

You might be surprised at how different each lender is when it comes to rates and fees as well as disbursement policies or lender overlays that FHA doesn’t require.

At the end of the day, it is possible that Bank of America will have the best deal on an FHA 203k streamline loan – but it is also possible that they won’t.

Have You Seen The FHA 203k Streamline At Bank of America?

In today’s real estate economy where many homes are bank owned, the marketing team from Bank of America does a good job of getting the word out to homeowners that they may be eligible for the FHA 203k loan as a way to finance the cost of repairs for their new home.

Regardless if you heard about the FHA 203k streamline from someone at Bank of America or not, be sure to shop for the best possible deal!

Want to speak with someone about the FHA 203k streamline loan? Simply check the FHA 203k streamline rates to the right or click on the Lending Tree banner and you will be directed to an FHA 203k expert in your area.