Grandview, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation Loan Program with Grandview TX FHA 203K Loans. 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 such as 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). Many advantages exist with this government loan program but the biggest is the ...
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