Finance
A Wyoming buyer who uses an FHA 203(k) loan is financing:
AA new construction home
BThe purchase and rehabilitation of a property requiring significant repairs✓ Correct
CA commercial investment property
DA vacation home in Jackson Hole
Explanation
FHA 203(k) loans allow buyers to finance both the purchase price AND the cost of repairs and renovations in a single loan. This is particularly useful for purchasing distressed or outdated Wyoming properties that need significant work before they are move-in ready.
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