fix up loans: 203 (K) Loan Program FHA
- 06/24/08 04:35 AM
About the Section 203(k) Loan Program If you want to buy a home that needs repair or finance needed repairs to your current home, the Section 203(k) loan program by the U.S. Department of Housing and Urban Development (HUD) may be a good option for you. This program allows you to finance the purchase of a house-or refinance your current mortgage-and include the cost of its repairs through a single mortgage. The Section 203(k) loan program is HUD's primary program for the rehabilitation and repair of single family properties. Section 203(k) loans are provided through HUD-approved mortgage lenders nationwide and insured (1 comments)