FHA Loan

It’s hard to find a home in Texas not in need of foundation repair.  Maybe you are shopping for a new home and it’s the perfect home but the foundation is questionable.  Or maybe you currently own a home with foundation issues.  Don’t let this problem come between you and your perfect home.  The solution is as simple as fixing the foundation with the FHA 203k rehab loan.  This loan not only allows for the purchase or refinance of a home but also allows for the repair of your foundation.  While you are at it there might be some additional upgrades or improvements you wish to make which are no problem with the 203k rehab loan!

If you happen to notice cracks on the interior walls, large trees planted close to the house, windows and/or doors not closing properly or cracks in the garage floor then the home may have foundation issues but not to worry because the FHA 203k rehab loan is here to help! All of these issues can be remedied with the use of this loan.

Often times you will notice that HUD may list the home as “uninsurable” as a result of the foundation issues. Once again, this doesn’t mean you will need to pay cash because using the FHA 203k loan is as good as paying cash for that property.

Foundation issues are simple fixes so don’t let yourself say “I really might have considered that property but…” Let the FHA 203k loan fix whatever might have kept you from your dream home.