rehab loan: The FHA 203K Rehab Option
- 10/03/11 11:37 AM
The FHA 203K Rehab Option The FHA 203K is a loan that lets the buyer finance the cost of the purchase of a property along with desired or needed improvements. Additionally, where necessary, the loan can include the cost of renting another place while the property is being renovated. With this type of financing, the buyer has more options in finding the home that truly meets their desires since it opens up the market of less than perfect homes to their list of possibilities. By using this method of purchasing a home, the buyer can assure that rooms such as the … (12 comments)
The FHA 203K Rehab Option
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