fha 203k – (with or without EEM add on)
amazing opportunity – deal based on 110% of post renovation value
up to 96.5% LTV
if add EEM – (can still add $$$ over fha loan limit)
can finance up to six month of mortgage payments
two configurations …
limited - up to $35,000 energy or non-energy improvements
standard – no specific $$$ limit for energy or non-energy
loans based on lesser of acquisition or post renovation value
up to 96.5% LTV
if add EEM – (can still add $$$ over fha loan limit)
can finance up to six month of mortgage payments
two configurations …
limited - up to $35,000 energy or non-energy improvements
standard – no specific $$$ limit for energy or non-energy
loans based on lesser of acquisition or post renovation value
