FHA 203(k) Loan
The FHA 203(k) loan, recognized as a mortgage rehab loan, renovation loan, or Section 203(k) loan, is a comprehensive solution enabling buyers eyeing fixer-uppers to merge both property purchase and renovation expenses into a single mortgage.
Additionally, current homeowners have the option to refinance their property using an FHA 203(k) loan, covering forthcoming renovation costs through a unified mortgage. Exploring the benefits of this loan type can assist in realizing your aspirations of owning and renovating your dream home.
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