It's a an ordinary FHA loan with a twist. Stafford and King George homeowners can re-finance with an FHA 203k HUD approved home loan to get the monies you need to make home improvements.
The loan closes and then the repairs are made. Do you need a new roof, HVAC system, windows, etc? Do you want to do cosmetic renovations like hardwood floors, interior & exterior painting, etc? The FHA 203k HUD approved home loan is for you.
In addition, there maybe tax advantages for improvements that save energy like replacing an old heat pump(see your tax professional).
Yippie! This is good news that makes sense.
The Real Estate Diva! - I care about your biggest investment. With over 20 years of sales experience I have the knowlege and expertise to assist you with all your Real Estate needs.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
