Ar_home_b_search
 



construction loans: Making Good Use of Renovation Loans - 03/25/09 11:15 AM
When showing your clients a home that needs repair, give them some information on our Federal Housing Administration (FHA) 203(k) renovation loans. These loans are perfect for a bargain hunter who has spotted a fixer-upper or a foreclosure in need of immediate repair, or a client who has found a home that would be ideal if only there were a third bedroom and a second bathroom.
 
Our renovation loans provide the money to both purchase the home and finance the home’s renovation. With one loan, there is only one application, one set of fees, one closing and one monthly payment. … (2 comments)

construction loans: FHA Renovation Loan 203(k) - You Love the location But Hate the House - 03/04/09 11:06 AM
In this market you'll often find the location of your dreams, but the house leaves you feeling sick inside.  You wouldn't or couldn't see youself living in such a place... but the view... the view is amazing!
FHA offers the 203(k) Renovation loan to solve this problem.  Here is what is offered:
 
FHA 203(k) Rehabilitation Home Mortgage loans are used to Purchase or Refinance and rehabilitate an existing One to Four family residences (Residence must be 1 year old) that will be used for residential purposes. FHA approved Condos are eligible as well.
Unlike FHA's Renovation Loan, Conforming loans a … (5 comments)

 
Julie_1 Rainmaker_large

Julie Chroust, NMLS# 249458, Direct Lender & Mortgage Banker

Walnut Creek, CA

More about me…

Julie Chroust, Prospect Mortgage, Walnut Creek, CA

Address: 1910 Olympic Blvd,, Suite 120, Walnut Creek, CA, 94596

Office Phone: (925) 516-5809

Cell Phone: (925) 381-1481

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog