Finance
A Wisconsin buyer who uses a 203(k) FHA loan is planning to:
APurchase a new construction home
BPurchase and rehabilitate a home that needs repairs✓ Correct
CRefinance their current home
DPurchase a multi-family investment property
Explanation
An FHA 203(k) loan combines home purchase financing with rehabilitation funds, allowing buyers to purchase and repair a property with a single loan.
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