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Gfr 24 Form

Gfr 24 Form

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Instructions and help about Gfr 24 Form

welcome back to the first time home buying show with Gizmo this show where one of the hosts is wondering waren doghouse is part of the FHA 203k loan updates well dog houses sort of are but let's get to those updates cuz there five major updates first let's talk about what the 203k loan program is I'm going to give you a quick overview if you want more details I have like a 20 minute video um that I'll link in the comments so it allows you to roll all the renovation costs into the loan we're purchasing at home and this is a huge uh with say game game changer as they say because it allows you to buy the ugliest home in the block but also turn into one of the better homes in the blocks you can kind of have literally built in equity so when you use a traditional loan um the lender will only loan you the lower of the sales price or the appraise value so you may be you can purchase the uh the ugly home in the block but you're not going to have

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