What Is A Rehab House

An FHA loan is a mortgage issued by a federally approved bank or financial institution that, unlike a conventional mortgage, is insured by the Federal Housing Administration. This mortgage insurance provides the security that qualified lenders need in order to take on a riskier loan.

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4:04 PM PT– Bam is en route to a rehab facility after a 3 hour session with Dr. Phil helped him see he needed professional help. TMZ has learned. Sources with direct knowledge of the conversation.

A rehab project is a lot more than that and can include everything from roof replacements to repairing water damage and replacing electrical components. Somewhere between the two is changing the structural layout of the home to be more open, which likely involves contractor work and permitting but won’t make the house leak or catch on fire if it doesn’t get done.