Indiana Real Estate Post

Little-Known Program Helps Local Couple Buy Fixer-Upper

April 24th, 2014 | HUD - FHA Financing Programs, FHA 203k Streamline

FHA 203K: The standard FHA 203k loan is used to purchase or refinance a home that needs major rehabilitation, or when the repairs are structural in nature. The standard 203k loan is also used when the total renovation costs exceed the $35,000 limit of the 203k streamline loan.

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