While the idea of purchasing a fixer-upper and transforming it into a dream home may seem like an scary option, there's now a simple solution. The FHA 203(k) loan, also known as "The Renovation Loan", may be the perfect fit for you. By combining the construction funds with your home mortgage, an FHA 203(k) loan limits your loan closing costs because it’s just one loan that provides you the necessary funds to buy a home and make the desired repairs or improvements. If you are planning to purchase a fixer-upper or need to make improvements to your existing home, call us 423-779-6935.
Get inspired with these Before & After home renovations.