Mike's 203k Blog

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Home Inspector - 203kOnLine.com, covering the USA - S0289
203k loans, the hottest renovation loan product on the market. Offering quick closings on homes that require repairs.

ARCHIVED BLOG POSTS

2013 

4 Comments
We see lots of interesting foundations, here is a recent one with some home owner engineering    One beam was cut apparently to make room to crawl under a portion of the home and when nothing fell down they left it that way. When one isn't working don't fix it just add another post. Why not... lo...
12/29/2013

2 Comments
In the mid 1990's when investors were allowed into the FHA 203k for purchasing and renovating properties Non-Profit Organizations were also. Then investors were removed from the program due to the fraud a number of them perpetrated. Non-Profit Organizations weren't and are still allowed to purcha...
12/28/2013

0 Comments
The Bad News - Well most of you may have already heard that the FHA maximum loan amounts are going in the toilet. Down in many areas by more than $100,000. The high limit of $729,750 is about to become more in line with FannieMae at $625,500.  This will take a whole bunch of clients out of the ma...
12/11/2013
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