I am buying my first home with an FHA loan . The mortgage company I am using doesn’t do a 203K loan and I want to use money to improve the house
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Tags: FHA, fha loan, FHA Loan Guidelines, first-home, house, improve-the-house, use money, using-doesn
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Last year FHA rolled out a new program (FHA Secure) that was supposed to help home owners that were in sub prime ARM loans. The idea of the program was to allow these people who got behind on their mortgage after their rate adjusted ... So unless the treasury department or government is going to loan out this money I don't expect the banks to get on board with this. As it stands now the available rates should be lower based on the spreads ( 280 basis points right now and ...