By: Andrea Murad
First-time homebuyers with limited budgets who want to live in a particular area can usually benefit from buying a less expensive home that’s a fixer-upper — and these loans make it feasible.
If you’ve found your dream home (but it’s in need of some TLC), consider one of these loans.
It takes a special person to see the potential in a home that’s in need of serious rehab. If you’ve got your heart set on buying a dream fixer-upper — but don’t have the savings to cover both a down payment and a renovation — there are loan products out there that could help you make your dream a reality.
Consider a loan with a built-in reserve
The Federal Housing Administration…