174: FHA 203k Rehab loan, the best program ever?
Episode description
I cover the 2024 updates for the FHA 203K rehab / renovation loan which allows first time home buyers to roll the renovation cost into their loan. The items covered are
-Max FHA 203k Loan amount
-FHA 203k occupancy requirements
-Financing mortgage payments
-FHA 203k limited loan
-HUD consultant
-FHA 203k Standard Loan
-Rates
-Who can do the repairs
-Financing scenarios
-The FHA 203k Process
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This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.
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🤠I'm a Realtor in Dallas, TX. If you're looking to move to the Dallas, TX area or a local looking to buy I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and out of towners) buy homes in my pervious life in the mortgage industry (I'm a guidelines nerd). Reach out to work with me.
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David Ball Dallas Texas Real Estate Agent | Texas Real Estate License: 800326
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