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Los Altos neighborhood, Dallas, Texas (TX), 75207, 75212 detailed profile
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Difference Between FHA 203K Loans and the HomeStyle Renovation Mortgage. The FHA 203k loan is a type of FHA loan that allows buyers to get the funds to buy a home and renovate or make repairs to it with a single loan. The two types of mortgages are very similar but there are some differences in the two. For one,
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In Dallas, TX we just closed an FHA 203k full renovation loan for a customer who wanted to completely gut and modernize their new home. Interestingly enough on this project it began as a Fannie Mae HomeStyle but we converted to FHA 203k.
The couple, both in their 60s, felt that their 3,000-square-foot, Dallas-area house was too big for two empty. She had found a single-family rental community-a neighborhood of one- to three-bedroom.
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