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Updated almost 4 years ago on . Most recent reply

User Stats

47
Posts
11
Votes
Bob Ross
11
Votes |
47
Posts

Why would you do fha 203k over himestyle loan?

Bob Ross
Posted

If you have good credit and enough for 10 percent down, is there any reason to chose fha 203k over homestyle loan for primary residence?

I’m that that homestyle offers:

Lower interest rates

More flexibility

Less red tape?

Ability to cancel Pmi when 20 percent ltv is reached

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