FSR-ERA – MIAMI RE Zoom: FHA 203K Rehabilitation Loan Programs – Workshop

Fund your home improvements all in one loan!

Whether they’re big or small, repairs and remodels are a part of homeownership. FHA 203(k) Rehabilitation Mortgages are specifically designed for people who want to make improvements on a home they own or are looking to buy without taking out a second loan.  There’s no need to miss out on a home you love or apply for a separate loan to finance your repairs when you can finance the rehab costs within your first mortgage.

This free one-hour workshop will cover FHA 203(k) Rehabilitation Mortgages in two different options:

FHA Standard 203(k)

• Structural changes are allowed
• $5k minimum and no maximum repair amount
• Landscaping and hardscaping allowed
• Max. completion time 180 days (6 months)
• Manufactured homes allowed
• Use of HUD Consultant is required