Federal (HUD/FHA)
Combines purchase price and renovation costs in one FHA-insured mortgage. Limited 203(k) covers non-structural repairs up to $35,000 over purchase price. Standard 203(k) covers major structural rehab. Can be combined with CDBG and other programs.
Purchase + rehab rolled into one loan
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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