One of the greatest benefits of FHA 203K LOANS is the abilityof buying fixer uppers or foreclosures. Home Buyers can purchase non-habitable properties without Certificate of Occupancy with FHA 203k Rehab Loans. You cannot install a brand new inground swimming pool with a FHA 203k Loan. However, if the property already has an inground pool in need of repairs, HUD allows you to do the proper repairs.
Gustan Cho NMLS 873293
Gustan Cho Associates
The Gustan Cho Team at USA MORTGAGE
A Division of DAS ACQUISITION COMPANY NMLS 227262