Found that dream home… but it needs a little work? Is it a fixer-upper?
St Paul, MN: The purchase of a house that needs repair is often a catch-22 situation, because the bank won’t lend the money to buy the house until the repairs are complete, and the repairs can’t be done until the house has been purchased.
The FHA 203(k) program can help you with the purchase or refinance of a property by allowing you to roll-in the costs of repairs and improvements up to 110% of the after improved value of the home with a minimum 3.5% down payment.
DOWNLOAD A COMPLIMENTARY GUIDE TO 203K
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We do the FHA 203k streamline loan in MN. Click here to get started
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