The FHA 203k loan allows home buyers (and homeowner's) to finance both the cost of the purchase (or refinance costs) and rehabilitation expenses into the mortgage.
Can a residence be modified to provide access for a disabled individual?
Absolutely. A home can be renovated to improve the kitchen area and bath to accommodate a wheelchair access with a 203k loan. Larger doorways and handicap ramps can also be included into the cost of rehabilitation.
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