FHA 203k renovation lender San Jose

I have seen some hot lenders in the past seventeen years as a 203k consultant in San Jose but I must tell you that Don Jr. with Prospect mortgage is one of the most energetic loan officers and extremely knowledgeable in the FHA 203k and the FannieMae HomeStyle renovation loan products that I have ever met.

Don clearly thinks out of the box and is proactive in the business. Today he and Larry Fordyce of Team Fordyce were giving a 203k talk in San Jose with about 100 in attendance. No wonder with mass education of the Realtor partners more are apt to make 203k offers and more are apt to accept them knowing it is the best solution for all concerned. 

The seller gets more money than they would from an investor looking to make a profit. 

The buyer gets to offer more than an investor but gets a home that is updated, fresh paint, new floor coverings, etc as there is no need for profit but they typically gain some equity.

Realtors get to sell a home all fixed up... no leaking roof, no cracked peeling paint, no leaking pipes, no outdated electrical system, and on top of all that you get paid first then the work begins. The HUD FHA 203k consultant will stay with the project until completion. 

Move more "hard to sell" properties. With loan amounts up to $729,750 we are in most neighborhoods. Even if you have a home that nees work being sold for a million dollars you can now get a loan for this amount and bring less money to close the deal.

We had a project final in San Jose today actually.

this is what we do every day and it is fun as well as rewarding. M