FHA 203k Purchase/Rehab Loans are a MUST!!

I am sure everyone has heard of Federal Housing Administration (FHA) low interest rate loans to purchase homes. I recently came across information regarding FHA's 203k purchase/rehab loan program. I found the information fantastic! The 203k loan is a absolute godsend for this jam America is in right now. 203k loans are purchase/rehab loans that help first-time homebuyers buy a house and do the repair with virtually no out- of- pocket money! Yes, no out-of-pocket money! Also, the program allows up to 6 months of mortgage payments to be calculated into the loan! Therefore, a first-time homebuyer can obtain a foreclosure found in today's market for a great price, estimate the rehab work required to fix it, not pay for any repair directly out-of-pocket, and not pay the mortgage for up to 6 months! Don't you just love this country! For more information call 312-404-6572