It's been a little while since our last installment of the FHA 203K rehab loan question and answer so i figured I would use this time to take a few questions from some recent emails that I have gotten. Bill in Lansdale, PA wrote in and asked: Jeff- i have been reading a lot about 203K loans but i
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10/23/2010
One of the hardest parts of getting a FHA 203K loan is locating a lender who is knowledgeable and who understands what it takes to get your loan done. What I have found from doing these loans is that there are plenty of customers out there who want these loans and plenty of customers who are try
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06/10/2010
Hi guys- thanks for reading our last post about FHA 203k rehab loans. We have received a few more questions and as promised I am going to answer them here for everyone to read. I am hoping to have a few contractors and a good 203K consultant I know to do a Question and Answer here for you in th
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01/13/2010
I have been receiving a high number of phone calls asking questions regarding the FHA 203k rehab loan program. So I figured what a better way to start of the New Year by creating a series based around these questions. I will try to post each time I receive at least 3 questions- which means I sh
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01/11/2010
While most FHA lenders look down on repair escrows and wanting to hold back money on loans the easy way around this is the FHA 203K rehab loan. I am located in Mt. Laurel, NJ and recently my Realtors have been asking specifically for FHA 203K rehab loans because the banks are now requiring this
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11/10/2009
FHA 203K loans are great for borrowers who are looking to refinance and also for purchases. I wanted to use this blog, and the next few posts, to show you examples of how you can use the fixer upper loan for certain situations. A customer of mine who has owned her home for the last 4 years dec
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11/09/2009
There are some important features to remember when looking into a FHA 203K Rehab loan. These are great loans for buyers looking to purchase a foreclosure or short sale or for the home owner who wants to update or remodel there house. Below are a few important things to remember: FHA loans are f
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11/07/2009
With mortgage rates taking a tumble over the last few days, loan officers with customers who have an FHA insured mortgage have been calling frantically to get them locked in at a lower rate. What is an FHA streamline? FHA Streamline refinance is a program designed to give borrowers who already h
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10/04/2008
