fha: FHA 203K loan
- 03/24/11 10:06 AM
In today's economy many people are losing their job or are afraid of losing their job. As a result many home upgrades and repairs are being neglected, or a homeowner is forced out of their home through short sale or foreclosure. Disgruntled homeowners have a tenancy to trash the home and take valuable items before they leave. The FHA 203K program allows you to finance the home and the cost of improvements all in one. This loan is like the regular FHA loan, it only requires 3.5% down.
Since a regular FHA loan has so many requirements and restrictions … (0 comments)
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