What Are 203(B) And 203(K) Loans?

  While they are both Federal Housing Administration mortgage loan programs, the 203(B) And 203(K) loans have some distinct differences. 203(b) is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines, limited...

What Are 203(B) And 203(K) Loans?

  The video puts this in more visual terms, but 203(b) is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines limited lender’s fees, and a maximum loan amount. 203(k) loans enable homebuyers to finance both the...
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