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Frequently Asked Remodeling Questions - Answered By Punch List Bath & Home Remodeling

How Do I Qualify For An FHA 203k?

An FHA (Federal Housing Authority) 203k loan is applied for when a homeowner needs to borrow the money needed to buy or refinance a home in addition to remodeling costs. Bundling purchase and remodeling costs is easier than applying for and having more than on loan. There are a few requirements to meet if you want to qualify for an FHA 203k loan:

  • The home you're applying the loan to must be your primary residence
  • You must meet the minimum FHA credit score requirements
  • You must have a minimum down payment of 3.5%
  • The loan shouldn't exceed the FHA loan limits for the county you're living in
  • The maximum debt to income ratio must be 45%, but some lenders might allow more

Just like any loan application process, getting an FHA 203k loan is a long, tedious process, but once it's attained, this loan is incredibly useful in taking care of remodeling costs.

Can You Do Minor Repairs Around The House?

With the handyman services we offer at Punch List Bath & Home Remodeling, we can help with even the smallest repairs you need around your home. Whether it's a burnt out light fixture or a drywall repair, we can do it all! If you're looking for a professional handyman to take care of those less pressing issues but don't have the time to take care of them yourself, call Punch List Bath & Home Remodeling. Our team of professionals offer a wide range of accessible and in-depth handyman services you need to truly get the most from your home.

Can You Remodel My Whole Home?

At Punch List Bath & Home Remodeling, we're ready to help you make the changes you've always wanted for your home. As the leader in complete home remodeling in Chicago, we're dedicated to helping local homeowners transform their house into the home of their dreams. If you're looking for a professional home remodeling contractor to help you update or upgrade the areas of your home that you have never been too crazy about, contact us today. Whether you want to install new flooring throughout your home, update your paint, or simply want to replace your old windows and doors, our team of experienced home remodeling contractors can help you get the job done right. If you have any questions about our full line of home remodeling services, give us a call today. Our team of experts are standing by and always ready to assist you.

My House Was Flooded! Can You Help?

While flood damage repair isn't easy, but it's not too big of a task for Punch List Bath & Home Remodeling! We are committed to returning your home to its original state after a flood, and there's a multiple-step process we take to do so. We'll start by pumping the flood water from your space and assessing any damage, followed by removing anything that isn't fixable. Next, we'll make sure your home's structure is secure, and if it is, we'll begin the drying and dehumidifying process. Because we're homeowners ourselves, we understand how important your home is to you. We'll work as quickly and efficiently as possible to get your home back to normal after a flood.

Ready To Talk About Your Next remodeling Project?

Contact us today for your free estimate and consultation!

Call Us: 773-935-7727

Schedule your consultation today and we will walk you through the process from start to finish. Let us show you how our service is next to none.

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