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Rehabilitation Mortgage Financial Glossary

What is it? A mortgage that covers the costs of rehabilitating (repairing or Improving) a property. Some rehabilitation mortgages - like the FHAs 203(k) - allow a borrower to roll the costs of rehabilitation and home purchase into one mortgage loan.

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We hope you now understand the meaning of Rehabilitation Mortgage. If you need any more information on this term, please don't hesitate to contact us.

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