What Is An FHA 203k Loan

Dated: April 20 2018

Views: 451

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

Blog author image

Jim Sfarnas

My goal as a Realtor is helping people find their perfect place to call home and helping sell their wonderful house they’ve called home. Whether you’re a first time home buyer or looking for your ....

Latest Blog Posts

Beaches And Parks In Sebastian And Vero

Sexton Plaza Beach1050 Beachland Blvd, Vero Beach, FL 32963 Located at the end of Beachland Blvd, Sexton Plaza is one of the best places to catch a sunrise in Vero Beach.

Read More

There May Be A Slight Correction In Pricing Real Estate Attorneys And Economists On What Buyers Need

Though housing prices have been rising, mortgage rates remain near historic lows — some 30-year rates are still around 3% and some 15-year rates around 2%, as you can see here — though many

Read More

List Of Charming Old Victorian Walkable Cities

Check the list for the charming old Victorian in a walkable city neighborhood or that expansive, modern suburban home with room to grow. The minimum size for a house to be considered a mansion is 5

Read More

WHAT TO DO WITH AN UNFINISHED BASEMENT

Although currently dimly lit and a little rough on the eyes, your unfinished basement still has a lot of potentials. With just a little love and the help of the following ideas, you can spice it up

Read More