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Prospect Dream
Remodel Loan®
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Real Stories

She held our hand while we purchased our very first home. She was thorough, knowledgeable and always available
to answer questions and she is still calling to make sure our renovations are proceeding without any issues.

— Mary H.

I had never had a 203K Mortgage before and Nick was very good at helping me to
understand all the big and little things included in this type of financing. He handled me with kid gloves, which is what I needed. Nick was very understanding and knowledgeable.

— Marla P.

John was outstanding! He walked me through every aspect of the short sale and 203K process, ensuring that I not only
understood process but was comfortable with the information I was providing. We were extremely well prepared for all underwriting questions that could have arisen consequently ensuring that our closing happened on time as scheduled. I have heard horror stories about short sale process and was very worried, however with John there was no issues and he assured we had full control of all areas of concern that could have possibly came up.

— Melanie B.

She returned all calls,she notified you if she was out of the office she made calls to contractors explaining
how the 203k loan process worked.I thought my deal was gonna fall thru until Dana got it she was fast and very knowledgeable of the 203k loan process.To sum it all up she was AWESOME.

— Michael P.

get the house
you've always wanted

The Dream Remodel Loan has been featured on:

Cooking Channel DIY Network HGTV IFC TLC

Get the House
You've Always Wanted


The Prospect Mortgage Dream Remodel Loan® can turn your house into your dream home!

Our Dream Remodel Loan is part of the FHA's 203(k) loan program, and is designed to finance the purchase and renovation of your home, all in one loan.

You can get a 203(k) loan in 2 steps

  • Buy a "Fixer-upper" or REO property needing renovation
  • Get funds to both purchase and upgrade your dream home OR refinance and renovate your existing home

Advantages of 203(k)

  • Loan amount based on the lower of 110% of the projected market value following repairs or value of the property before rehabilitation plus renovation costs*
  • Only one loan needed to both purchase and improve
  • Refinance and rehab your own home
  • Can be used to buy property otherwise not eligible for financing

Prospect has nationwide loan specialists that can answer all of your questions and help you understand how to qualify. We also do traditional low rate refinance or home purchase loans too!