What is FHA 203k Streamline?

Answer An FHA 203k Streamline mortgage is a type of home loan that allows borrowers to purchase a home in need of repairs and complete the repairs prior to moving in. Additionally, the loan can be used fo... Read More »

Top Q&A For: What is FHA 203k Streamline

How Does a FHA 203K Loan Work?

Although purchasing real estate to rehabilitate and sell is often a wise investment, buying a cheap home can come with drawbacks. In some cases, the property needs extensive repairs to be habitable... Read More »

How do I apply for a 203k loan?

Locate the 203(k) HomeFind the 203(k) home or fixer-upper with your real estate agent. State that you'll be applying for a 203(k) loan on your real estate contract, and your agent can help you subm... Read More »

When should you refinance with FHA Streamline?

On One Hand: You Can Pay LessThe purpose of refinancing with an FHA Streamline loan is to get a better financial deal than with your current FHA mortgage. You will want to do this when you need to ... Read More »

What is a streamline mortgage?

High unemployment rates and excess debt cause American families to look for areas where they can lower their spending. Families in a financial crunch, who own a home should explore possibility of a... Read More »