Updated almost 12 years ago on . Most recent reply
203k loan for carpet and paint?
I'm looking at purchasing an 1100 sq ft 3BD, 2BA single family to owner occupy. If I'm not mistaken the lender has advised I can use a 203K loan. My question is, if it's a small amount of work (carpet, paint, kitchen and bath tiles, maybe cabinets) should I do this type of loan? I'm thinking I don't want to finance these things over 30 years.