FHA 203K Rehabilitation Loans for Mansfield Texas
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Use the Special Government Home Renovation Loan Program that is available for FHA 203K Rehabilitation Loans for Mansfield Texas. There is a special government loan program that is part of the Federal Housing Administration (FHA)- a department within HUD. A buyer or existing home owner can do meaningful amounts of remodeling or updates to their existing home without having a higher cost second lien thanks to this special FHA loan program. You are not allowed to finance items such as a hot tub or swimming pool through this FHA loan program. Items such as remodeling cabinetry in kitchens and bathrooms, painting, adding wallpaper, replacing appliances and flooring, or even adding a room to an existing structure (which will increase the value of the homes square footage) are allowed. Many ad...
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