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203k consultant walnut creek: Can my lender really get an FHA 203k loan closed? - 03/07/12 07:52 AM
That is always a quesiton because there are many out there who profess to be renovation lenders. Don't get me wrong, There are a good many who can and do close them everyday. Today we are going to talk about just one of them. 
Ed Rogers of Wells Fargo Home Mortgage in Walnut Creek, CA. Ed is one of a handful of renovation lenders that understands these programs and that is a mouthful. It says volumes about this guy. I know that when I get a call from Ed that this deal is a "done deal" the borrowers already qualify for … (2 comments)

203k consultant walnut creek: 203k consultant Walnut Creek - 12/01/11 09:37 AM
The FHA 203k loan program is alive and well in Walnut Creek, Orinda, and Lafayette. Wow. who would have thought. When I got into this product in 1994 the FHA loan limits were so low that the projects were always in low rent districts. 
Today we have many 203k projects where the borrower is buying a property that requires repairs in order to get a mortgage loan, where the values of the homes start at $500,000 and then they add the money for the repairs for another $150,000 and end up with a home that has equity. 
That has always been … (2 comments)

203k consultant walnut creek: Time is of the essence on 203k project completion - 07/11/11 10:45 AM
You can tell people a hundred times that time is of the essense and the work should progress at a good pace through completion. Sometimes it falls on deaf ears.
Example 1: Recently a client closed a 203k loan and became incomunicative. No one could get hold of her. The contractor failed to start the work saying he MUST have communication with the client prior to entering her property to start the work, and rightly so. I drove over to the home and whne I made contact dialed the contractor thinking it was handled... NOT
Several meetings were missed but finally … (0 comments)

203k consultant walnut creek: 203k is alive and well in Pleasant Hill CA - 05/20/11 11:22 AM
Two in two days... things are heating up with regards to the FHA 203k loan proram in Pleasant Hill CA. I love this as this is where I went to high school and a couple years at the Jr. College. wonderful community and more nice people moving into the area and fixing their new homes up with the program. 
I love this business where we get to see smiling faces most every day as they decide on what repairs they will make going into their new home.
Yesterday it was a straight purchase then they will do a refinance into the … (0 comments)

203k consultant walnut creek: 203k training Walnut Creek - 03/30/11 09:17 PM
Bank of America with Jim Black and Chris Wells and their team will be at the Elks Club at 1475 Creekside Drive Walnut Creek, CA 94596 on April 27th, 2011 at 11 am - 1:30 and serving lunch
 
If you haven't had the chance to see Jim put on his take on the features and benefits of FHA 203k financing, now is your chance. Don't miss this one, did I say I'll be center stage talking about what the consultant can do for you.
What you will hear is some great info on:
1) how you can profit from the … (2 comments)

 
Mike6 Rainmaker_large

Mike Young, 203k Consultant 707-812-7668

Roseville, CA

More about me…

203kOnLine.com

Address: We cover northern CA from our, Fairfield, CA office, Fairfield, CA, 94534

Office Phone: (707) 812-7668 x 203

Cell Phone: (704) 451-1599

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