Mike's 203k Blog
Unlock the potential of the 203k loan! Our blog shares strategies and best practices to help you leverage this powerful tool for renovation projects, whether you're a homeowner, consultant, or lender.
ARCHIVED BLOG POSTS
2016
v16 of our award winning software for consultants is now availableUnderwriters voted us the easiest to underwrite by 98:2.The v16 has over 175 improvements over our v10. I talked with someone in MA this morning who is still using our v4, there must be 350-400 improvements over that version. He wi...
01/23/2016
Is the FHA 203k my best choice for a renovation loan?Not necessarily. What you should consider is what kind of down payment you may have. If you are looking for a low down payment then the FHA 203k loan may be your best option. They do penalize you however by making you pay an insurance premium e...
01/03/2016
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203k Consultant Seattle WAWhen do you need a 203k consultant? Every time you have a 203k loan. Why would you want a consultant on a Limited 203k? They represent 98% of the problem 203ks, would be a good indication that something isn't working without a consultant. What does a 203k consultant do?...
01/02/2016
Miami FL is ripe for the FHA 203k loan programYes, it is. Miami and the Greater Miami area is a really hot bed for the FHA 203k and the HomeStyle renovation. I have always believed that every home you might purchase that isn't brand new is a potential renovation loan.1) Realtor sells a house that...
01/02/2016
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Mike Young
FHA 203k Consultant 916-758-1809 cell direct