The FHA does base the home loan amount on the value of the home after improvements are made. Moreover, in a seller’s market, a loan larger than the home price may be approved to help in the event of a bidding war.
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Learn MoreThe FHA does base the home loan amount on the value of the home after improvements are made. Moreover, in a seller’s market, a loan larger than the home price may be approved to help in the event of a bidding war.