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How should the contract be written when I write an offer for a property using the FHA 203K Loan

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Mortgage and Lending

How should the contract be written when I write an offer for a property using the FHA 203K Loan

 

The contract should be written - "Subject to FHA 203k Rehab Financing" and the home can truly close "AS-IS" with "Right-to-Inspect". The loan amount is "To Be Determined by Buyer"

 

Posted by

Jim Poole

Senior Loan Officer NMLS #351358

813.205.7958 Mobile

jptampa@live.com 

 

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