FHA 203K Loans in Spotless neighborhood in Flower Mound, TX

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Flower Mound, TX FHA 203k Loan Repair Requirements While Flower Mound, TX 203k loans may be the best option for home owners, it also comes with certain requirements. For instance, 203k loans may be used for purchasing and refinancing loans, but are limited to those who own or occupy the house.

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Whether you’re a Flower Mound Texas first time home buyer, moving to a new Flower Mound home, or want to FHA refinance you’re existing conventional or FHA mortgage, we will show you how to purchase or refinance a Flower Mound Texas home using our full doc mortgage programs or bank statement only mortgage programs.

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Fortunately, the Federal government has made options such as an FHA 203(k) loan available for homeowners to fund the costs associated with these renovations. In essence, the FHA 203(k) loan is a unique mortgage program designed to make it easy for you to purchase a decaying home that is in need of extensive renovations and repair.

The FHA 203k mortgage is a special loan program designed to make it easy for a person to purchase a home in need of repair or to finance necessary repairs to an existing home, rolling the cost of the repairs and mortgage together into one loan. These FHA 203(k) rehab loans are HUD’s primary loan product for the repair and rehabilitation of single-family dwellings.