Homeowners eligible for FHA loan program
by Associated Press Published: December 9,2011
Tags: banking and finance, federal government, financial institutions, home improvements, home ownership, homeowners, homes, houses, loans, real estate, refinancing, residences, residential real estate
BILOXI — Biloxi residents learned this week about an FHA loan program that will let them borrow up to $271,050 to buy, refinance or improve their homes. The Sun Herald reports the Federal Housing Administration 203(k) loan program is designed to rehabilitate the nation’s older homes. Bo Smith, a mortgage financing expert from Jackson, says [...] [...]
