Brick + Beam Detroit

203K Loan to Buy and Improve Property

Are you a homebuyer purchasing a primary residence? A current homeowner who plans to refinance and make repairs and improvements? A nonprofit organization renovating foreclosed homes? The 203K loan is a residental home loan similar to a standard Federal Housing Administration (FHA) loan except that it can be used to both buy and renovate a fixer-upper. Learn more about this financing option here, or download the same PDF from the link below.

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