Real estate blog entries tagged with 203k loan vs construction loan by Donne Knudsen CalState Realty Services (Los Angeles & Ventura Counties in CA)

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Home : Blogs : Donne Knudsen CalState Realty Services : Los Angeles & Ventura Counties Real Estate & Mortgage News & Info : Tag "203k loan vs construction loan"

203k loan vs construction loan: FIRST TIME BUYER OPTIONS IN LOS ANGELES & VENTURA COUNTIES – PART 2: FHA 203k is the Best Option for Many First Time Buyers in Today’s REO Market - 08/15/09 07:21 PM

As the next part of my continuing series of affordable loan options for first time buyers here in the LA & Ventura counties, I want to now present FHA's 203k loan program as a viable option for first time buyers looking in buy an REO property.
I don't know what the REO's look like in other markets across the country but here in LA and Ventura counties, many of the bank owned properties are too rundown and simply uninhabitable to qualify for a standard 203b FHA loan. The FHA 203k loan program is a first time buyer's only option if they are … (6 comments)

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Donne Knudsen CalState Realty Services

Simi Valley, CA

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