Rehab Your Carbondale CO Home with an FHA 203K Renovation Loan
By RJ Baxter, 303-670-0137
(Clear Path Home Loans)
Special Government Home Renovation Loan Program within Carbondale Colorado. Many are not aware of a special government loan program that is actually a part of FHA (Federal Housing Administration- a department within HUD). Thanks to this special FHA loan program, a buyer or home owner can do meaningful amounts of remodeling or updates to their new or existing home without the higher cost of a second mortgage. "Luxury items" like a hot tub and a swimming pool are not allowed by this FHA loan program. Repaint, remodel cabinetry in kitchens and bathrooms, add wallpaper, replace appliances and flooring and even add a room to an existing structure (which will increase the value of the homes square footage). The biggest advantage with this government loan program is that instead of having tw...
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