Anyone who has dealt with real estate is most likely to be aware of the Federal Housing Authority’s (FHA) 203k Loan program. Under this program, homeowners can borrow money for use in extensive repairs to homes that are otherwise deemed uninhabitable. But the extensive documentation and the high level of real estate expertise involved in processing FHA 203k loans has also made it one of the more complicated FHA programs out there. However, the FHA has introduced a modified version of the 203k … [Read more...]