‘Rehab’ Loans to the Rescue

Looking for a home you can afford? Don’t miss this opportunity. There are thousands of homes on the market selling at pennies on the dollar and you’ll qualify to purchase and renovate them with one loan. What can you purchase?

  • Single Family Home
  • Duplex
  • Triplex
  • Four-Plex
  • Move a home onto vacant land
  • Work/Live commercial
  • Mobile Homes
  • Storm Shelters
  • Rebuild a Burned Out Home

New York Times

In the end it was another loan that came to the Mercados’ rescue: the Federal Housing Administration’s 203(k), also known as the F.H.A. rehab loan, which is designed to cover not only buying the home but also renovating it, and is then paid back like a regular mortgage. A hybrid that has been around for more than 30 years, the loan program has recently surged in popularity. Source ::  :: READ MORE HERE

Contract our office for more details…

Gary Smith, Central Mississippi – 203K Consultant/Contractor/Professional Home Inspections :: 601-691-1496

Home Inspector – Home Builder and Building Consultant/Coach

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