A Federal Housing Authority (FHA) 203(k) loan can be a stepping stone to creating your dream home. With up to $35,000 on a streamlined loan rolled into your mortgage for renovations and larger amounts ...
Another home that just won’t sell! The home had been on the market for more than six months without a single offer. The sellers were anxious, and their agent wasn’t sure just what to do. “Remodel the ...
When you buy a home, there are usually a few repairs to pay for. Buyers who want to take on a real fixer-upper might be facing the prospect of many projects. If this is the case for you, you may be ...
Whether you're buying a fixer-upper or just want to modernize the kitchen of a dated home before you move in, a FHA 203(k) loan insured by the Federal Housing Administration (FHA) could be the ...
You've no doubt heard of a 401(k), but have you heard of a 203(k)? Hint: One has to do with retirement savings and the other with buying a fixer-upper! What is a 203(k) loan? A 203(k) loan is a ...
While 203K rehabilitation loans may not be the easiest type of loan to find on the market, if you are able to get this kind of a mortgage, you’ll be able to pay for many repairs and renovations a ...
FHA 203(k) loans provide funding to finance both a home's purchase and the cost of repairing it. If you qualify, you can obtain one from an FHA-approved lender. This type of loan is reserved for ...
FHA home loans are known for having relatively low credit score and down payment requirements, but many people don't realize there is more than one type of these loans. While the most common — the FHA ...