The FHA 203(k) renovation loan is designed to help homeowners purchase or refinance a property while including renovation costs in a single loan. Government-backed by the Federal Housing Administration, these loans offer flexible qualifications and low down payments. A Streamline 203(k) handles minor improvements, while a standard 203(k) supports complex renovations with professional guidance. This financing solution allows homeowners to increase property value, enhance living space, and gain equity efficiently.
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