|
Essential Info About the FHA Rehab Loan
-
Version
1.0
Homeowners who need to repair an older house, or
potential homebuyers looking to purchase and renovate
a run-down home may want to look into applying for an
FHA rehab loan. These loans are designed to make homes
in urban and/or low-income areas more attractive and
more livable, and are ideal for individuals on a
limited budget. Because and FHA rehab loan is meant to
facilitate sustainable development, it cannot be used
to construct an entirely new home.
|