HUD Updates Its FHA 203(k) Program: What It Means for Homeowners and Buyers
In this Podcast episode, Jennifer Goldsby dives into the latest updates to HUD’s FHA 203(k) Rehabilitation program, which took effect on November 4, 2024. Jennifer breaks down what these changes mean for homeowners and buyers, including higher renovation limits on 203(k) Limited loans and extended project timelines that offer more flexibility. She also discusses the increase in Consultant fees and the impact this may have on overall costs and accessibility. If you’re considering a 203(k) loan or simply want to understand how these updates might influence renovation financing, this episode is packed with Jennifer’s insights and tips!
