The NMP Webinar, "FHA Standard 203(k) Rehabilitation Mortgage," will be held Wednesday. you need to know about FHA Standard 203(k) loans. We will answer the following common questions: What is a.
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203(k) Mortgage. The Section 203(k) program is FHA’s primary program for the rehabilitation and repair of single family properties. As such, it is an important tool for community and neighborhood revitalization, as well as to expand homeownership opportunities.
Different Home Loans 6 Types of Home Loans: Which One Is Right for You. – To learn about all your options, check out these common types of home loans and whom they’re suited for, so you can make the right choice. related articles.
A rehab loan is a loan that is used primarily in the rehabilitation of home or building. These types of loans may be made through traditional lenders , but are often insured by a governmental agency to make the risk more acceptable to the lender .
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