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  2. FHA 203(k) loans: What they are and how they work - AOL

    www.aol.com/finance/fha-203-k-loans-152259886.html

    An FHA 203(k) loan, also known as an FHA 203(k) rehab loan or Section 203(k) loan, combines the financing for a home’s purchase and remodeling or repairs into a single loan.

  3. Best FHA 203(k) rehab mortgage lenders in 2024 - AOL

    www.aol.com/finance/best-fha-203-k-rehab...

    Here is Bankrate’s guide to the best 203(k) rehab mortgage lenders. ... Credit requirements: 620 for conventional loans; 700 for jumbo loans; 500 for FHA and VA loans.

  4. Mortgages and loans to pay for home renovations - AOL

    www.aol.com/finance/mortgages-loans-pay-home...

    Limited 203(k) loans are capped at $35,000. Standard 203(k) loans are for major rehabilitation or construction. Pros. Income and down payment requirements are less stringent than other types of ...

  5. Streamline refinancing - Wikipedia

    en.wikipedia.org/wiki/Streamline_refinancing

    There are additional loans available for making energy efficiency improvements or repairs to the property. The 203(k) is a rehabilitation mortgage. The 203(k) mortgage has a cap of $35,000 for making repairs to a property. [8]

  6. FHA loans: Definition, requirements and limits - AOL

    www.aol.com/finance/fha-loans-134807555.html

    Basic home mortgage loan or 203(b) loan: The 203(b) loan is the FHA’s main home loan program for buying a home or refinancing. These loans come with fixed and adjustable-rate options, as well as ...

  7. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    FHA loans require a minimum FICO score of 580 to qualify for 3.5% down or 500 for 10% down. [citation needed] Additionally, the lender checks the financial history of the person getting the loan to see whether they have been delinquent on loans owed to the U.S. government; if they are, they do not qualify for a FHA loan. [2]: 131

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