Philadelphia & South Jersey 203(k) Contractor
- 203K Contractors Serving Philadelphia and New Jersey
- Expert Guidance on FHA 203k Loans
Your Trusted Partner for Philadelphia & NJ 203k Renovations
Matrix Company Solutions Corp is an approved FHA 203(k) contractor serving Philadelphia and New Jersey. As a trusted Philadelphia 203k contractor and NJ 203k contractor, we specialize in helping homeowners transform their properties through the FHA 203k loan program. Whether you’re renovating your current home or purchasing a fixer-upper, our team ensures seamless, high-quality renovations tailored to your needs and budget.
We take pride in offering comprehensive services that simplify the process. From analyzing your property and providing cost estimates to assisting with financing through your mortgage. With years of experience and hundreds of successful projects completed for first-time homebuyers and seasoned homeowners alike, we’ve earned a reputation for trust, craftsmanship, and customer satisfaction.
Renovating your home doesn’t have to be stressful. Our step-by-step guidance ensures nothing is overlooked, from house hunting to the final walkthrough. To get started, call us at (215) 501-7566 today and let us help you achieve the home of your dreams.
Let’s Build Your 203(k) Team!
What is a 203(k) Loan?
The FHA 203K loan is a government-backed mortgage designed to help homeowners finance both the purchase and renovation of a property. This loan is ideal for those looking to buy a fixer-upper or upgrade their current home.
You Need a Loan Officer!
To secure a 203K loan , you’ll need a qualified loan officer to guide you through the process. We work closely with trusted experts who can assist you in getting approved. If you’re already pre-approved, have your loan officer reach out to us, and we’ll take it from there!
You Need a Realtor!
To successfully secure a 203K loan, you’ll need a knowledgeable Realtor who specializes in finding fixer-uppers and homes that qualify for 203K financing. We partner with trusted Realtors to ensure a smooth process. If you already have a Realtor, have them contact us so we can work together to bring your renovation vision to life!
You Need a 203(k) HUD Consultant!
A HUD-approved 203(k) consultant ensures your project meets FHA guidelines and runs smoothly. They help create repair proposals and ensure compliance. We partner with experienced consultants to streamline your renovation. If you already have one, have them contact us for seamless collaboration!
FREE 203(k) Consultation
How we do it?
Initial Consultation
Discuss your goals and assess your property.
Loan Assistance
Help you navigate the 203K loan application process.
Project Planning
Create a detailed plan and timeline for your renovation.
Construction Phase
Execute the project with precision and care.
Final Inspection
Ensure everything meets your expectations and complies with regulations.
Our Finished 203(k) Projects
Hear from Our Clients!
Frequently Asked Questions
What is a 203(k) Construction Loan?
A FHA 203(k) loan is a loan that allows you to purchase a house plus get additional money for construction. This type of loan can help expand your options when looking for a house to buy. Just suppose you come across a house in the perfect neighborhood, but it needs a lot of renovation work. With a 203(k) loan, you can purchase the house and with the additional money, fix it to your preferences. Ultimately, you could have the Perfect House!
Think of it this way. When you find a house you love in the perfect neighborhood but the kitchen and bathroom are outdated, such as an ugly yellow kitchen or a bathroom with old, chipped and cracked tile, you can use the 203(k) loan to renovate, remodel, and modernize. These are some of the ways you can use a FHA 203(k) loan to live in the house of your dreams.
Is a 203(k) Consultant Different from a 203(k) contractor?
The answer is yes. When you’re doing a 203(k) Full, you will need both a 203(k) Consultant and a 203(k) Contractor. The 203(k) Contractor will prepare the estimate. This estimate is given to the 203(k) Consultant, who will review it, inspect the property, and ensure the estimate includes everything needed to meet the minimum housing standards. Once the Consultant reviews the estimate, a Consultant Report is prepared and submitted to you. You will then give the Consultant Report to your lender so you can submit your loan application. Also worth noting, with a 203(k) loan no money is given to the Contractor upfront. In this case, after settlement the renovation money is placed in escrow with the lender.
Should I get a Home Inspection if I am Getting a 203(k) Construction Loan?
One of the most common questions Matrix Construction gets asked as a FHA 203(k) Contractor is: Should I get a home inspection if I’m getting a FHA 203(k) loan? The answer is absolutely Yes! As a General Contractor, we need to know what needs fixed at the property. Your home inspector will do a detailed inspection of the entire house. They check things like water and drain lines, they open the electrical panel box and check the electrical system, they go on the roof, they basically check everything related to the house. All this information is put into a Home Inspection Report and given to you. Once we get this report as your Contractor, we can give you a more accurate fix-up cost and the number of surprises we will find once construction starts is greatly reduced. So again, Yes you should definitely get a Home Inspection during the 203(k) loan process.
Do I have to make mortgage payments while my house is being fixed up under the 203(k) loan program?
Ask a Question
Our support team is here to help you!
Blog Articles About 203(k) Renovation
Overcoming Appraisal Issues with a 203(k) Loan: Unlock 110% Financing
Buying a home can be an exciting journey, but it often comes with its fair share of challenges. One of the most common hurdles? Appraisal issues....
FHA Appraisal vs. Home Inspection: Complementary Roles in a 203(k) Loan
When navigating the home-buying process, understanding an FHA appraisal vs. home inspection is crucial—especially for buyers utilizing a 203(k)...
2025 203(k) Loan Update: Everything You Need to Know
Are you planning to buy or renovate a home in 2025? The 2025 203(k) Loan Update brings significant changes to the FHA 203(k) loan program. These...
Navigating Zoning Rules for Using a Triplex as a Duplex in Philadelphia
In this article, we will go over Zoning Rules for Using a Triplex as a Duplex in Philadelphia. Most people know that when you want to use a duplex...
Trusted South Jersey 203(k) Contractor
If you’re in New Jersey or Philadelphia and seeking a trusted 203(k) contractor, Matrix Construction Company is here to bring your renovation dreams to life. With our expertise, personalized service, and commitment to excellence, we are dedicated to delivering exceptional craftsmanship and transforming your home into a space you’ll love. Contact us today for a free consultation and let us be your partner in creating the home of your dreams.
Other Frequently Asked Questions
What is a 203k contractor?
A 203k contractor is a certified professional who specializes in renovations financed through the FHA 203k loan program. These contractors have the expertise to handle the unique challenges associated with 203k projects, ensuring compliance with FHA regulations and delivering high-quality results.
Why should I choose a 203k contractor?
Choosing a 203k contractor like Matrix Construction Company offers several advantages. Our team has in-depth knowledge of the 203k loan process, ensuring a smooth and efficient renovation experience. We understand the specific requirements and guidelines set by the FHA, allowing us to navigate the process seamlessly and deliver exceptional results.
What services do you offer?
At Matrix Construction Company, we offer a comprehensive range of services to meet your renovation needs. From kitchen and bathroom remodeling to basement finishing and home additions, our skilled team can handle projects of any size and complexity. We prioritize open communication and collaboration to ensure your vision is brought to life.
How do I get started with a 203k renovation?
To get started with your 203k renovation, simply reach out to Matrix Construction Company for a free consultation. Our team will assess your project, discuss your goals and budget, and provide you with an initial plan and estimate. We’ll guide you through the entire process, from design and permits to construction and completion.
Can you help with the financing process?
Absolutely! As experienced 203k contractors, we have a deep understanding of the financing options available. We can assist you in exploring the best financing solutions for your project, including the FHA 203k loan program. Our goal is to help you secure the necessary funds to bring your renovation plans to life.
How long does a 203k renovation typically take?
The duration of a 203k renovation can vary depending on the scope of the project. Factors such as the size of the renovation, complexity of the design, and availability of materials can impact the timeline. However, at Matrix Construction Company, we strive to complete projects efficiently while maintaining the highest standards of quality.
Are you licensed and insured?
Yes, Matrix Construction Company is fully licensed and insured. We prioritize the safety and protection of our clients and employees, and our insurance coverage provides peace of mind throughout the renovation process.
Can I see examples of your past work?
Absolutely! We take pride in our portfolio of successful 203k renovation projects. Visit our website or reach out to us directly, and we’ll be more than happy to share examples of our past work. You can see the quality of our craftsmanship and the attention to detail we bring to each project.
Do you offer warranties on your work?
Yes, we stand behind the quality of our workmanship. We offer warranties on our completed projects to ensure your satisfaction and peace of mind. Our team is dedicated to delivering lasting results that will enhance your home for years to come.
How do I schedule a consultation with Matrix Construction Company?
Scheduling a consultation is easy. Simply contact us through our website or give us a call, and our friendly team will be happy to assist you. We’ll arrange a convenient time to discuss your renovation goals, answer any additional questions you may have, and provide you with a detailed plan and estimate.
Areas We Provide Services
Olde City, Society Hill, Queen Village, Bella Vista, Washington Square West, Rittenhouse Square, Fitler Square, Graduate Hospital, Point Breeze, Passyunk Square, Pennsport, Whitman, East Passyunk Crossing, Girard Estates, Moyamensing, Packer Park, Newbold, Devil’s Pocket, Dickinson Narrows, Whitman Park, Southwark, Hawthorne, Bella Vista, Queen Village, Society Hill, Old City, Callowhill, Chinatown, Logan Square, Fairmount, Francisville, Spring Garden, Brewerytown, Fairmount, Strawberry Mansion, Sharswood, Yorktown, Poplar, Northern Liberties, Fishtown, Kensington, Port Richmond, Bridesburg, Harrowgate, Frankford, Holmesburg, Tacony, Wissinoming, Mayfair, Oxford Circle, Lawncrest, Burholme, Rhawnhurst, Fox Chase, Holmesburg, Torresdale, Crescentville, Feltonville, East Oak Lane, Olney, Logan, Hunting Park, Nicetown-Tioga, Allegheny West, Brewerytown, Allegheny West, Stadium District, Packer Park, Bridesburg, Richmond, Harrowgate, Kensington, Port Richmond, Fishtown, Olde Richmond, East Kensington, West Kensington, Norris Square, Fairhill, Glenwood, Hunting Park, Juniata, Feltonville, Lawncrest, Oxford Circle, Summerdale, Frankford, Northwood, Burholme, Castor Gardens, Rhawnhurst, Tacony, Wissinoming, Holmesburg, Torresdale, Academy Gardens, Crestmont Farms, Byberry, Morrell Park, Millbrook, Modena Park, Lexington Park, Parkwood, Torresdale Manor, Winchester Park, Normandy Village, Ashton-Woodenbridge, Pennypack Woods, Somerton, Bustleton, Pine Valley, Modena Park, Parkwood Manor, Morrell Park, Millbrook, Academy Gardens, Crestmont Farms, Byberry, Normandy Village, Ashton-Woodenbridge, Pennypack Woods, Somerton, Bustleton, Pine Valley, Parkwood Manor, Andorra, Upper Roxborough, Wissahickon Hills, Manayunk, Roxborough, East Falls, Allegheny West, Fairmount, Girard Estates, Graduate Hospital, Grays Ferry, Schuylkill, Southwest Center City, South Philadelphia West, University City Powelton Village, Mantua, Belmont, East Parkside, West Powelton, Spruce Hill, Cedar Park, Garden Court, Kingsessing, Mount Moriah, Southwest Schuylkill, Wynnefield, Overbrook, Carroll Park, Haddington, Cobbs Creek, Dunlap, Walnut Hill, Mill Creek, Saunders Park, Belmont, Wynnefield Heights, Wynnefield, Overbrook, Overbrook Farms,Camden, Lanning Square, Cooper Grant, Waterfront, South, Whitman Park, Morgan Village
Fairview, Bergen Square, Parkside, Cramer Hill, East Camden, Gateway, Dudley, North Camden, Centerville, Merchantville, Pennsauken, Woodlynne, Audubon, Oaklyn, Central New Jersey,
Collingswood, Haddon Township, Haddonfield, Westmont, Barrington, Lawnside, Mt. Ephraim, Bellmawr, Gloucester City, Runnemede, Magnolia, Brooklawn, Gloucester Township, Sicklerville, Blackwood, Gibbsboro, Lindenwold, Voorhees, Evesham Township, Marlton, Mount Laurel, Maple Shade, Burlington, Bordentown, Florence, Delran, Cinnaminson, Riverton, Palmyra, Beverly
