203(b) - FHA program which provides mortgage insurance to protect lenders from default; used to finance the purchase of new or existing one- to four family housing; characterized by low down payment, flexible qualifying guidelines, limited fees, and a limit on maximum loan amount.
203(k) - This FHA mortgage insurance program enables homebuyers to finance both the purchase of a house and the cost of its rehabilitation through a single mortgage loan.
The Realty Group LLC, 11161 S.E. Vista View Lane, Clackamas, OR 97015 Phone: 503-698-7330 (OR) Fax: 503-698-4840 Mobile: 503-680-7475 Email: Send an Email
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