Designed for property owners that want and come up with renovations, this home loan brings together a good house’s purchase price and you may home improvements on that loan, so that you won’t need to take out the second mortgage otherwise a special do-it-yourself loan.
Energy-productive mortgage, or EEM
If you’re looking and also make your property significantly more energy efficient , there clearly was a specific FHA loan in order to defense those people will cost you.
Build so you’re able to long lasting, otherwise CP
Whenever you are strengthening a different sort of family, such mortgage makes it possible to money each other design will set you back and you can the new residential property — offered your remain inside FHA mortgage restrictions. Continue reading