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The property is located in the Segundo Barrio neighborhood of downtown El Paso, one of the city’s oldest. program in which its public housing units will be converted to project-based Section 8 hous.
The FHA 203k loan program is the primary government program for the rehabilitation and repair of single family properties. Basically, it’s nothing more than a glorified home improvement loan. The 203K mortgage is a terrific tool for community and neighborhood revitalization.
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Can you get down payment assistance with a FHA 203K loan? Asked by niveklandy, Houston, TX Thu Jul 18, 2013. I have been pre-approved for the loan. The offer has been accepted; however, my mortgage company says that I need almost $6,500 to close on a $55K Loan
Buying Foreclosure And Fixer Uppers With FHA 203K Loans Texas. This BLOG On FHA 203K Loans Texas Was UPDATED On January 18th, 2018. The Federal Housing Administration, FHA, now offers fha 203k loans texas for Texas homeowners who need an acquisition and rehab mortgage loan at the same time.
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