Include Repairs and Updates in your Mortgage

Include Repairs and Updates in your Mortgage with FHA 203K financing!

It has been estimated that 80% of homes today are over twenty years old, indicating that many are in need of repairs and updates. Homebuyers are sometimes surprised to learn that FHA 203K financing is available to cover the cost of these repairs in the mortgage.

This financing is available to home buyers as well as refinancing homeowners who occupy the home as their primary residence. It has been around for fifty years or so, and is currently gaining in popularity.

It is also available for beginning investors, who may want to purchase a duplex, tri-plex or four-plex, as long as the borrower occupies one of the units.

Low interest rates and an abundance of homes from which to choose, make this the best time in decades to purchase a home and take advantage of this low-down payment mortgage.

For more information, visit www.Re-buildUSA.com.