REFINANCE & REHAB
What is a Rehab Loan?
An FHA 203(k) rehab loan, also known as a renovation loan, allows both homebuyers and homeowners to finance both the purchase or refinance, along with the renovation of a home through a single mortgage.
An FHA 203(k) rehab loan allows homebuyers to purchase or refinance their primary home and renovate it, instead of applying for multiple loans, with one convenient loan. Home rehab loans take the financial guesswork and frustration out of renovating a home by allowing the buying to finance the cost of improvements into the purchase or refinance of a house.
What is a Rehab Loan?
An FHA 203(k) rehab loan, also known as a renovation loan, allows both homebuyers and homeowners to finance both the purchase or refinance, along with the renovation of a home through a single mortgage.
An FHA 203(k) rehab loan allows homebuyers to purchase or refinance their primary home and renovate it, instead of applying for multiple loans, with one convenient loan. Home rehab loans take the financial guesswork and frustration out of renovating a home by allowing the buying to finance the cost of improvements into the purchase or refinance of a house.
