The Olive Group has worked on several projects that have been funded by
the HUD 203K loan program that is offered by banking institutions. The 203K loan program is designed specifically for
homeowners who are purchasing homes that need renovation work to be completed as well as renovation work that may be
desired to be completed. The renovation projects may be small such as bath and kitchen remodels or they can be large such
as whole house renovations.
The 203K loan program is designed
so one loan covers aquisition and renovation of the home.
A 203K loan consultant will work with the homeowner in developing a repair
scope of work, acting as a liasion between the contractor, homeowner, and bank. All of this to ensure a smooth transition
from homebuyer to satisfied homeowner.
We encourage you to contact us (443)-460-4069 for additional