FHA 203(k) Rehabilitation Home Mortgage Loans
FHA 203(k) Rehabilitation Home Mortgage loans are used to Purchase or Refinance and rehabilitate an existing One to Four family residences (Residence must be 1 year old) that will be used for residential purposes. FHA approved Condos are eligible as well. With Conforming loans a lender will not release...
5 FHA Secrets You Should Know!
When using a non-occupant co-borrower, such as parents, the occupant borrower is not required to have any income or assets of his/her own. 2- to 4-unit owner-occupied properties are eligible for 96.5% financing at the same interest rate as 1-unit homes Mom and Dad can lend, not gift, some or all...