Saw two manufactured houses yesterday. The 203k is is a great way to bring a home up to snuff. You can update the home for sure but many times is is all about installing a perimeter foundation so the home qualifies for FHA financing on owned land.
You can actually replace a home with a modular home if you utilize the foundation. In the area of GA we were in there were lots of these homes. You can imagine that they may need some work or a perimeter foundation. They are Perfect for a 203k
Mike Young, 203k Team Leader
With offices coast to coast and HQ now at PMB 168, 5055 Business Center Drive, Suite 108 Fairfield, CA 94534 1.707.812.7668
To learn more about the FHA 203k loan program go to www.203kOnLine.com. To contact us for a consultation please go to www.my203kconsultant.com and "order a consultation". If you like what you see here please take a look at Another blog by Mike Young in Spanish and other languages.
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