Loan amount – The fresh FHA have financing restrictions for different places, along with Flagler State. You can use around 110% of property’s recommended well worth and/or home price and reount can not meet or exceed the newest restrict in for Flagler State.

Occupancy – 203k finance are just readable getting characteristics that will aid due to the fact most of your possessions. You can not use the financing to fix and you can flip the house given that a residential property. Read more