Real estate blog entries tagged with 203k fha loans with rehab by Danell Merren (Providence Home Mortgage/ICCF)

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Home : Blogs : Danell Merren : Danell Merren's Blog : Tag "203k fha loans with rehab"

203k fha loans with rehab: 203K FHA Rehab. Loans- We are Signed Up and Excited! - 12/12/08 03:09 PM

I am happy to spread the news that we are up and running with the 203K FHA loan! This is a wonderful product that can be a huge tool in our local Michigan market with so many foreclosures. Features of the program include:
Up to $35,000 in repair escrow available! No minimum repair amount (unlike some 203Ks that require $5,000 of rehab.) 1-4 unit owner occupied homes eligible Condos eligible Can be combined with HUD REO properties, other REO properties, or properties that are not foreclosures! We use post-rehab. appraisals, so no equity is needed! Up to 110% post rehab. value! … (2 comments)

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Danell Merren

Grand Rapids, MI

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Providence Home Mortgage/ICCF

Address: 920 Cherry St SE, Grand Rapids, MI, 49506

Office Phone: (616) 719-4513

Cell Phone: (616) 437-7831

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