HOW YOU CANBENEFIT FROM A

203K LOAN

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203K loans are a greatbenefit for borrowers.They allow borrowersto purchase a homethat needs a littlework or considered inpoor condition thatwouldn’t be eligiblefor financing through aconventional loan.

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KEEPING THEVALUES UP

Multiple foreclosures can

decrease surrounding home

values drastically which

makes it difficult to sell any

home in the area. This is

where the 203K loan comes

in, the 203K loan helps boost

those values back up so when

a buyer comes and purchases

a rundown home and fixes it

up, it’s also bringing the value

of the area up as well.

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KEEPING THE AREA SAFEVacant homes are not a desirable thing for any

community, so when someone comes in and purchases a

rundown or vacant home using the 203K loan. That home

then becomes occupied and within 6 months fixed up.

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CREATING JOBS

The 203k loan requires licensed contractors by

employing local contractors, you are ultimately

putting money back into the community and

creating a job. This helps boost the community

moral, because when jobs become available, the

atmosphere around the community improves.

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203K LOANS ARE A GREAT WAY TOBUY A HOUSE AND IMPROVE THECOMMUNITY AS WELL. MAKING

COMMUNITIES A SAFER PLACE ANDCREATING MORE JOBS WITHIN INTHE COMMUNITIES ARE JUST A FEWEXAMPLES OF HOW THE COMMUNITY

BENEFITS FROM 203K LOANS

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B L O W N M O R T G A G E . C O ML E N D E R H O T L I N E : 8 8 8 - 5 8 1 - 5 0 0 8

C L I C K H E R E

T O L E A R N M O R E

BM

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Justin McHood is Americas MortgageCommentator and has been providing

Mortgage commentary for over 10 years.

INFORMATION PROVIDED BY:Justin McHood

MORTGAGE COMMENTATOR

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