TOCR Real Estate SchoolJan 26, 20211 min readWhat is a FHA 203k Rehab Loan?This is a “fixer-upper” loan, which combines the mortgage loan with a loan to help pay for repairs or updates. It is not intended to lend based off of luxury upgrades such as adding a swimming pool or tennis courts.
This is a “fixer-upper” loan, which combines the mortgage loan with a loan to help pay for repairs or updates. It is not intended to lend based off of luxury upgrades such as adding a swimming pool or tennis courts.