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Client Tip: FHA Loan Can Help With Home Repair

May 14, 2018

Got your eye on a fixer-upper or a foreclosure home? A Federal Housing Administration home loan program can help buy the place and give it a makeover, too. An FHA-insured Section 203(k) loan allows borrowers to lump the cost of repairs and improvements into their mortgage. Benefits for homebuyers and homeowners “We’ve seen tremendous growth […]

Filed Under: At A Glance, Government Affairs, Industry News Tagged With: 203(k), bankrate, FHA loan, home repair, loan-to-value, remodel

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