With Millennial Home Loans quick online loan application, determining if you qualify for an FHA 203k Renovation Loan and for how much, has never been easier.
Maximum Draw Inspection & Title Update (up to 2 inspections without 203(k) Consultant, up to 5 inspections with 203(k)
Consultant)
203(k) Consultant Required (required if total budget is over $75,000 or structural damage/moving walls is checked "Yes")
203(k) Consultant Fees
Subtotal
203(k) Supplemental Origination Fee (waived if using Millennial Home Loans preferred lenders)
Total Renovation Budget
Loan Amount
Down Payment
Base Loan Amount
1.75% Upfront MIP
Total Financed Loan
Monthly Payment
Principal & Interest
Monthly MIP
Monthly Taxes
Monthly Hazard Insurance
Total Mortgage Payment
HOA/Condo Fee
Total Housing Expense
Minimum After or As Completed Appraised Value:
As-Is Value
After-Completed Value
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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To learn more about the Conforming and Jumbo Construction Loan Program fill out the form below or call (866)Â 747-2882 to get started now!
To learn more about the USDA OTC Construction Loan Program fill out the form below or call (866) 747-2882 to get started now!
To learn more about the FHA OTC Construction Loan Program fill out the form below or call (866) 747-2882 to get started now!
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To learn more about the FHA Loan Program fill out the form below or call (866) 747-2882 to get started now!
To learn more about the 10% Down High Balance Everywhere Loan Program fill out the form below or call (866) 747-2882 to get started now!
To learn more about the 5% Down Conventional Loan Program fill out the form below or call (866) 747-2882 to get started now!
To learn more about the 10% Down High Balance Everywhere Loan Program fill out the form below or call (866) 747-2882 to get started now!
To learn more about the VA Jumbo Loan Program fill out the form below or call (866) 747-2882 to get started now!
To learn more about the 5% Down High Balance Loan Program fill out the form below or call (866) 747-2882 to get started now!
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To learn more about the USDA Repair, Rehab, and Renovation Loan Program fill out the form below or call (866) 747-2882 to get started now!
To learn more about the VA Renovation Loan Program fill out the form below or call (866) 747-2882 to get started now!
To learn more about the USDA Renovation Loan Program fill out the form below or call (866) 747-2882 to get started now!
To learn more about the FHA 203k Renovation Loan Program fill out the form below or call (866) 747-2882 to get started now!
Thank You For Requesting Information On Your Low To No Money Down Loan Options
Millennial Home Loans will be contacting you shortly to review your mortgage information and provide a FREE Loan Consultation. During you Free Loan Consultation we will assist you with:
Loan options available to you
Your eligibility for a mortgage loan
Determining how much you qualify for
Obtaining your loan pre-qualification letter
Providing contact information for your Loan Officer, who will be available to you throughout the process; from taking a loan application to your loan closing
Can’t Wait! If you need to obtain a loan pre-qualification you can complete an online loan applicatio immediately. Or call us at (866) 552-5912.
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If you want to discuss your personal Debt Consolidation Options, please complete the below information request form.
? Mortgage Insurance Factorial is a number used to calculate a monthly mortgage insurance premium that is usually required on a loan with less than a 20% down payment. Example .39
ARM or Adjustable Rate Mortgage’s offer an initial fixed-rate period. Upon the fixed-rate period ending, your interest will adjust based on the following pre-determined guidelines.
First Adjustment Period 3, 5, 7, and 10 Years
Subsequent Adjustment Period Every 1 Year. For the 5/5 every 5 years
ARM or Adjustable Rate Mortgage’s offer an initial fixed-rate period. Upon the fixed-rate period ending, your interest will adjust based on the following pre-determined guidelines.
First Adjustment Period 5 Years
Subsequent Adjustment Period Every 5 Years
First Adjustment Cap 2%
Annual Adjustment Cap 2%
Lifetime Rate Cap 6%
ARM Index Type 5 Year Treasury
ARM Margin 2.50%
Amortization Period 30 Years
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To learn more about the Conventional Low Down Payment Loan Program fill out the form below or call (866) 747-2882 to get started now!
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To learn more about the 3% Down Conventional Loan Program fill out the form below or call (866) 747-2882 to get started now!
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To learn more about the USDA Loan Program fill out the form below or call (866) 747-2882 to get started now!
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To learn more about the VA Loan Program fill out the form below or call (866) 747-2882 to get started now!
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To learn more about the FHA 203k Renovation Loan Program fill out the form below or call (866) 747-2882 to get started now!
Free Consultation! No Obligation and No Personal Information Required.
To learn more about the USDA Repair, Rehab, and Renovation Loan Program fill out the form below or call (866) 747-2882 to get started now!
Free Consultation! No Obligation and No Personal Information Required.
To learn more about the VA Renovation Loan Program fill out the form below or call (866) 747-2882 to get started now!
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To learn more about the Conforming and Jumbo Construction Loan Loan Program fill out the form below or call (866) 747-2882 to get started now!
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To learn more about the USDA OTC Construction Loan Program fill out the form below or call (866) 747-2882 to get started now!
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To learn more about the FHA OTC Construction Loan Program fill out the form below or call (866) 747-2882 to get started now!
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