The FHA 203k Rehab and Remodel Refinance is a home improvement refinance option that can help pay for repairs, renovations and upgrades right in to your existing mortgage.
It will cover most home improvement options that change the actual structure of your home.
The FHA loan limits depend on property types and the location of the property being financed. Part of the loan proceeds will be used to pay off the existing mortgage.
If you have any questions about a 203k Rehab/Remodel Refinance or think it’s right for you, please call 1st Capitol Mortgage, Inc. for your free quote today.