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203K FHA Home Loans
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The "FHA 203K" is the only home improvement loan today that lenders can offer for more than your home is worth. The FHA 203K loan allows 115% financing for home rehabilitation and energy efficiency upgrades like solar heating.  Our FHA lenders offer 203 FHA home loans that have been very popular with foreclosure home buyers. A lot of foreclosed homes that people buy need significant improvements and the 203 loan enable borrowers to qualify for a FHA finance loan beyond the home's value. 203K lenders are difficult to find, so ask a lot of questions when you are shopping for a FHA home improvement loan online. Approved FHA lenders continue to finance 97% of home purchase loans with affordable payments because FHA rates are still really good. The 203(b) is a FHA home loan program with a fixed interest rate. The 203 is a popular FHA home loan with first time home buyers. The 203(b) FHA loan keeps your down payment to a minimum. Your closing costs may also be minimized, so ask your loan officer. The 203(b) FHA loan will finance up to 97% loan to value, so you may only need 3% down to buy a home. |
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FHA Loan Rates |
Refinance with FHA |
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| The interest rates for FHA refinance, purchase mortgage and home rehabilitation loans remain competitive and comparable to conventional Fannie Mae mortgage rates. When you are considering home remodeling, look at the 203K rates and you will realize how affordable home construction can be with FHA insured mortgages. | Borrowers are given fixed rate grace with exceptions for qualifying made for borrowers who were not late prior to their mortgage adjusting. | ||||||||||
© 2008 to 2013 - FHAHomeLoanRefinancing.com - This is a website and does not guarantee loans online. This is not an advertisement for credit as defined by paragraph 226.24 of regulation Z nor a commitment to lend. Certain restrictions and requirements may apply. - Site Disclosures FHA Home Loan Refinancing Corporation, 3 Mason, Ste B, Irvine California 92618 |
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