Use the Special Government Home Renovation Loan Program, the FHA 203K Renovation Loan available in Craig Colorado. This article will explain the little-known special government loan program that is part of FHA (Federal Housing Administration- a department within HUD). Thanks to this special FHA loan program, a buyer or home owner can do meaningful amounts of remodeling or updates to their new or existing home without the higher cost of a second mortgage. "Luxury items" like a hot tub and a swimming pool are not allowed by this FHA loan program.You can repaint, remodel cabinetry in kitchens and bathrooms, replace appliances and flooring, add wallpaper, or even add a room to an existing structure (which will increase the value of your home because of more square footage). The biggest adv...
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