Set In Stone is a full service construction company that has been in business since 2009. We specialize in all forms of Financed Renovation Products, as well as remodeling and construction. We are a 203K certified firm. We can manage your new construction or renovation project from beginning to end. In addition, we offer full service restoration services and insurance claim settling. Set In Stone is a licensed lead and asbestos abatement contractor and also offers mold remediation services.
"FOR YOUR BUSINESS OR HOME, IT MUST BE SET IN STONE"
A 203K loan is a renovation mortgage. This type of loan gives the home-buyer freedom to purchase and create a home that is their own. This loan is backed by the federal government with competitive rates. A 203K consultant is highly recommended for a Streamline 203K. This keeps all scopes of work in order and creates less stress for the home-buyer.
Full 203K Loan
Product available through VA, FHA & Conventional
Given to properties in need of structural or complex repairs
Two different ways to determine how much money will be allowed
Up to six months of your mortgage can be financed and used towards temporary residence
203K consultant required
Product is available through conventional means
Cost-effective way to renovate or improve a home
Single mortgage means lower costs and typically a lower interest rate on a first mortgage
Loan amount based on "as-completed" value of the home or cost-basis (purchase money loans) whichever is less
Borrowers can qualify for CLTV of up to 105% with eligible Community Seconds®
Allows the home buyer the opportunity for additional $35K towards repairs and renovations
Recommended for small projects that do not require structural repairs
Streamlined process makes future plans trouble-free
Consultants are not required but recommended
Set In Stone Guidelines
Must provide written plan of work and cost estimates.
Must provide type of repairs and how they will be completed along with cost.
Contractor must have a written agreement confirming the completion of the work, cost estimate and time allowed.
Contractor must obtain all permits and complete approved renovations in accordance with state and local buildings codes.
Contractor must be licensed, insured, bond and 203K/FHA/HUD approved for all affected scopes of work.
Owner / President - Edward Amyot
Phone: (586) 994-6969
Edward Amyot - Contractors License # 2101205516
Residential Builder Company - License # 2102209559
Vice President - Gerod Chapple
Phone: (586) 567-5653
Gerod Chapple - Sellers License # 2105209719
RRP - Lead Certified - Set In Stone # NAT-F152541-1
Marketing Manager - Greg Amyot
Phone: (586) 212-5539
Site Manager - General Contractor
Lead Certified# - R-I-19167-15-00519