SOCELVIC COMPANY

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Need A Loan?
Socelvic Company & MBA Mortgage can can help you.
Building or Remodeling a new or existing Home?
 
We offer Rate/Term-Refinance, Cash Out-Refinance, Home Improvement,
Debt Consolidation, Refinance, Const. to Perm. and Purchase. Don't hesitate to consult us. With so many loan programs available today, it’s hard to know which program is best for you and your family. It’s important to consider your lifestyle, your family’s future needs as well as your retirement plans.
 
We promise to find a program that will help you achieve your needs.
If you want to receive a quote with no cost or obligation take a couple
of minutes to call our main office at 617-787-1223 and we will schedule
you a appointment with our team leader Loan Consultant officer right away.
 
 

Home Buyers & Home Owners

With just one loan you can

Turn this...                                                                                   To this...
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Have you ever looked at a home and walked away from the property because it needed too much work?  We have the solution.  Buyers can purchase their new home and receive up to $35,000 with an FHA Approved 203K Rehab loan.
 
The following is an estimated monthly payment for a FHA loan and a FHA 203K Rehab loan with $35,000 in repairs and upgrades.
 

FHA Loan

FHA (203) K Loan

Purchase Price

$180,000

Purchase Price

$180,000

Repairs and upgrades

$0.00

Repairs and Upgrades

$35,000

Total Price

$180,000

Total Price

$215,000

3% Down

$5,400

3% down

$6,450

Loan Amount

$174,600

Loan Amount

$208,550

Interest Rate

6.25%

Interest Rate

6.25%

Payment

$1075.04

Payment

$1,284.08

 

Turn that “handyman special” into your most valuable asset.  Stop turning away great opportunities to own the type of home YOU want.

 

*Rates are subject to change without notice.  Payments do not include taxes, PMI, or homeowners insurance.  For more information on the FHA 203K Rehab Loan and to see if you qualify contact: