Our mortgage partner offers a product that is very similar to the type of financing available when buying a HUD owned home with repair escrows.
Instead of using a more costly FHA 203k renovation loan, you might want to consider checking with our mortgage partner and see if his FHA 203b with repair escrows would be a better fit for you.
It can save you thousands of dollars in interest over the life of the loan. It also has lower closing costs!
Check out my Southern Ohio real estate website for more information!
http://www.swohiorealestate.com
Have a great day everyone!
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