Category: Rehab Programs
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How Does FHA 203K Rehab Loan Program Work?
Here is a quick 13 Step Guide to Walk You Through The FHA 203K Loan Process You’ll be able to start with a home like this and turn it into a beauty like this…… 1. You and your real estate agent find that there is a fixer-upper in a great neighborhood that you could buy, remodel and…
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Renovation Mortgage: What’s Available to Finance Home Improvements?
Rehab or renovation mortgages can be used to purchase or refinance and fix up a home all in one shot with just one loan. The Fannie Mae HomeStyle Loan is the conventional buy and fix up loan and the 203k Full or 203K Streamline is the FHA version. The Fannie Mae option allows for all…