FHA 203K Mortgage

Federal Housing Administration Variation

This is a variation of the FHA loan. This loan, however, allows the borrower the flexibility of adding renovation or repair costs into the loan. Maximum amount is $35,000 and there are restrictions, but if you need to do some renovations to your current home…. Or the fixer upper you have found needs some work, a 203k streamline might be the answer you were searching for.

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