adding square footage: FHA 203K Rehab Loan- Scenario- Adding Square Footage
- 11/09/09 12:10 PM
FHA 203K loans are great for borrowers who are looking to refinance and also for purchases. I wanted to use this blog, and the next few posts, to show you examples of how you can use the fixer upper loan for certain situations. A customer of mine who has owned her home for the last 4 years decided to contact me about adding on some square footage. See in her community there are many homes that have 2 levels and the average square footage was around 2,000 square feet. When she came to me her home had 1,050 sq ft and (3 comments)
My blog is here to provide information regarding FHA 203K loans and conventional renovation loans for both purchase and refinance. Updates, tips and advice regarding these loans and the industry is what you will find on this blog!