How to Get a 203k Loan in 6 Steps (And What Else to Consider As a Buyer)
HomeLight
AUGUST 31, 2021
The Section 203(k) program, by contrast, is specifically designed to provide funds to both buy and renovate, upgrade, and repair a home. A Standard 203(k) is for homes that need major renovation or have structural issues. Only lenders that have been approved by the FHA can offer 203(k) loans.
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