Michael Grace's (mikegrace) Blog

The NJRESN was a great networking session this past Wednesday. 130 in attendance and great audience participation allowed all to leave with a tremendous amount of information. Jon and Randy, thank you for the opportunity to keep spreading the work about the 203(k) program.I encourage all Realtors...

Hello everyone, I said it before and I'll say it again. Most will tell to see a Realtor first, “and I agree”. However, try getting a consultant involved first and see what happens. I will give you a scenario I had 2 months ago. A first time buyer called me from Michigan. They saw my postings all ...

  Are contemplating purchasing a home that needs repairs, if so, then the 203(k) or 203(k) streamline is the way to go. Whether it needs just a little TLC like paint or new counter tops or major renovations, then you want to seriously consider the FHA 203(k) loan programs. Realtors and mortgage p...

The 203(k) program has been HUD's primary program for the rehabilitation and repair of single family properties for the past 30 years. As such, it is an important tool expanding homeownership opportunities. The program enables homebuyers to finance a house and the cost of its rehabilitation throu...

One of the biggest misconceptions about the FHA 203K loan process is that it is a difficult and time consuming. It is not with an experienced consultant. All the associated paper work is handled by the consultant then forwarded to the loan officer for underwriting. To better understand the proces...