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 Why use the 203(k) Rehabilitation Loan?

Home > Overview > Why use the 203(k) Rehabilitation Loan?

Why use the 203(k) Rehabilitation Loan?

With a 203(k) loan, the borrower may simply obtain one mortgage at a long-term fixed rate to finance both the acquisition and the rehabilitation of the property.

The 203(k) loan provides the funds for the rehabilitation of the property on both purchases or refinances of the existing properties.

The 203(k) total loan amount is based on the projected value of the property with the work completed, including the cost of rehabilitation.

Why use the 203k rehabilitation loan?

203(k) Rehab Guide Quick Jump

203(k) Rehab Loan FAQs


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