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.
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.