Sep
13
2009
Special FHA loans include money for home repairs (The Record Searchlight)
Posted by in Mortgage Loan NewsNews Sources wrote an interesting post today on
Here’s a quick excerpt
Don’t have the money to fix up or improve that house you want to buy? A streamlined version of a federal government loan that allows buyers to tack on home rehab costs to a mortgage might be an option. While FHA’s 203(k) loan has been around for years – including its streamlined cousin that allows for limited repairs of up to $35,000 – the program has been talked up recently with the amount of …
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