FHA203K Financing

FHA203K is an excellent way for a purchaser to finance a home if you are considering utilizing FHA financing on a home that needs work. This loan will enable you to finance the repairs/renovations that you need and/or want completed. It is a long process however well worth it. Be sure to utilize a mortgage lender who works with these types of loans on a daily basis as well as a Realtor who is very experienced with these types of loans to be sure everything is smooth throughout and after the transaction. Keep in mind that the contractor must be registered and accepted by the Mortgage Lender and also licensed with the State.
This type of financing can help you renovate a kitchen, bath or any area of the home. If there is a home that you love and the seller will not accept FHA financing due to the appraisal required repairs this is the loan for you. Interested in purchasing a foreclosure that needs work, FHA203K is the answer.
For more information on this type of loan email Sellinghomesjenn@aol.com and I will answer any questions you have.