If you’re buying a home in need of some work, you can get the financing for both the purchase and renovation through an FHA 203(k) loan, also known as a rehab loan. This type of FHA loan keeps things ...

You've no doubt heard of a 401(k), but have you heard of a 203(k)? Hint: One has to do with retirement savings and the other with buying a fixer-upper! What is a 203(k) loan? A 203(k) loan is a ...

A Federal Housing Authority (FHA) 203(k) loan can be a stepping stone to creating your dream home. With up to $35,000 on a streamlined loan rolled into your mortgage for renovations and larger amounts ...

When you buy a home, there are usually a few repairs to pay for. Buyers who want to take on a real fixer-upper might be facing the prospect of many projects. If this is the case for you, you may be ...

The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into ...

FHA 203(k) loans provide funding to finance both a home's purchase and the cost of repairing it. If you qualify, you can obtain one from an FHA-approved lender. This type of loan is reserved for ...

FHA home loans are known for having relatively low credit score and down payment requirements, but many people don't realize there is more than one type of these loans. While the most common — the FHA ...