If you plan to purchase a fixer-upper or need to make improvements to your existing home, a FHA 203(k) loan may be the perfect rehab loan for you. Learn what .
Section 203(k) is a type of FHA home renovation loan that includes both the cost of buying a home and the renovation costs. It is given to those who choose to .
FHA 203k loans are backed by the federal government and given to buyers who want to buy a damaged or older home and do repairs on it.. can live elsewhere while you're remodeling, but still pay the mortgage payments on the new home.
An FHA 203k Renovation Loan is a Federal Housing Administration insured loan used to renovate and/or improve an existing 1-4 unit home. Also known as .