article thumbnail

What to Know About a 203k Rehab Loan

Realty Biz

203k FHA Loans Explained. When buying a fixer-upper, one of your primary considerations should be how you will finance the project. One of the better options is what’s known as an FHA 203k loan. It is a more relaxed type of loan since the U.S. How Does the FHA 203k Mortgage Work?