FHA 203k financing — The dream of home ownership with a superior loan structure. No matter how you get to it, home ownership is a good thing. It means you have stepped outside of the realm of renting and are moving toward financial stability. A less expensive route for homeowners is to purchase an older…
Many home buyers are attracted to an FHA 203k mortgage because it allows the prospective buyer to include costs for renovating older homes or adding energy efficient upgrades to newer homes with one financial product — one loan and one closing will cover the combined price of the home, along with the estimated costs for…