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FHA 203k loans are an excellent acquisition and renovation loan combined into one loan closing

https://gustancho.com/types-of-203k-mortgage-loans/

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Types of 203k Mortgage Loans Explained: Quick & Simple Guide

There are two types of 203k Mortgage Loans: FHA 203k Streamline with max budget of $35,000 and Full 203k Loans with no limit on rehab budget