What Is An FHA 203(k) Loan?

What Is An FHA 203(k) Loan?

I had someone ask me a GREAT question this week; and the answer is one that I believe everyone looking for a home should be aware of….

Q

:     What Is An FHA 203(k) Loan?

Simple Answer:

An FHA 203(k) rehab loan, also referred to as a renovation loan, enables home buyers and homeowners to finance both the purchase or refinance along with the renovation of a home through a single mortgage.

A more detailed answer can be found here