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An FHA 203(k) loan is a type of government-insured mortgage that allows the borrower to take out one loan for two purposes – home purchase and home renovation. An FHA 203(k) loan is wrapped around.
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203K Loan Investment Property 203K Investment Property | Ashevillecozycabins – fha 203k eligible properties While most people consider a 203k loan to fix up a foreclosure or distressed short sale that needs serious renovation work, fha 203k loans can be applied to any property that meets loan limit guidelines. fha 203(k) loan program requirements 2018 |.