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KNOWLEDGE CENTER

Finance Repairs into Home Purchase

If one is looking to purchase a home in need of repair, there are several options currently available in which one can finance home repair costs into the purchase of a property. The most notable are the FHA 203k and Streamlined K, as well as Fannie Maes Homestyle and EasyFix Products. We will take a look at some of the features of these products over the next few paragraphs.

The FHA 203k and Streamlined K are only for owner-occupied properties. The Fannie Mae Homestyle and EasyFix allow for Investment Properties of 1 and 2 units at reduced LTV's.

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