Posts Tagged "Fixer upper"


By Mylene Thomas FHA’s 203(k) loan for your fixer upper that you’ve either just purchased or you already own falls into one of 2 categories: Streamline or Standard. “Standard/Rehab (minimum $5,000 up to 110% of the improved appraised value) & the Streamline (work is less than $35,000…up to 110% of the improved appraised value). Example: Purchase price is $100,000. Upgrades/Repairs/Improvements will cost $15,000. Borrowers loan...

Read More
 Top