Are you planning a major home improvement or renovation? It can be difficult to finance important repairs and upgrades out-of-pocket. Homeowners and nonprofits may want to make it less stressful to come up with funds by taking out a 203k home loan on a property requiring rehab. A range of projects may be covered under this loan. Homeowners who are interested in purchasing new appliances, replacing a deck or repair a roof may want to use this loan to reach their goals. Individuals intending to rehab a distressed property may also want to apply for a 203k home loan.
Learn more about the 203k loan, eligibility requirements and more today.
203k Loans and Home Renovations
This type of home loan helps homeowners make necessary upgrades to a…