When you buy your first home, you may want to try to find a fixer upper or handyman special in a good neighborhood because there is a loan which allows you to roll in repairs and home improvements into one mortgage. The FHA 203K Renovation Loan Program can help you purchase a charming Victorian which needs some tender loving care and transform it into your dream home. You can update bathroom or kitchen, replace the roof, add an additional bedroom, install new appliances, paint, and much more. This loan is based on 110% of the after-improved value of the home and only a 3% down payment is required which can be 100% gifted from a family member or it can come from a Down Payment Assistance Program such as Partners in Charity. Furthermore, the seller can pay most or all of the closing costs so you may not need to bring a single penny to the closing table. Find out how you can purchase a home and increase its value instantly by utilizing the 203k program. Call Jerry Tribuzio, America’s 203k Expert, today at 847.516.5743 for a free consultation or visit www.firsthomebuyers.net for more information.