Renovation 203K Loans in Federal Heights CO
By RJ Baxter, 303-670-0137
(Fairway Independent Mortgage Corporation)
Use the Special Government Home Renovation Loan Program, the FHA 203K Renovation Loan available in Federal Heights Colorado. There is a special government loan program that is part of the Federal Housing Administration (FHA)- a department within HUD. A buyer or existing home owner can do meaningful amounts of remodeling or updates to their existing home without having a higher cost second lien thanks to this special FHA loan program. "Luxury items" such as a hot tub or a swimming pool are not allowed with this FHA loan program. Repaint, remodel cabinetry in kitchens and bathrooms, add wallpaper, replace appliances and flooring and even add a room to an existing structure (which will increase the value of the homes square footage). Many advantages exist with this government loan program...