Special offer

High balance - RENOVATION HOME LOANS

By
Home Inspector with 203kOnLine.com, covering the USA S0289

HOME LOANS - Renovation home loans

Whether you're buying or refinancing, the mortgage expert at  EverBank will help you find a loan that meets your needs—and avoid any bumps in the road. These guys are a direct lender with processing, underwriting and funding all under one roof, they keep things moving smoothly from start to finish. And are dedicated mortgage to walk you through the process every step of the way, making sure there are no surprises at closing.

WHAT YOU CAN EXPECT?
  • 40 years of loan expertise
  • No-surprise closings
  • 50-state lending network
  • Fixed and adjustable-rate loans
  • Jumbo loan amounts up to $3 million

This the one I've been chomping at the bit to tell you about. A fixer loan up to $3,000,000 loan amount is here. This month I had a couple clients call me with properties that had a purchase price of $780,00-800,000 and needed $100,000 to $150,000 in construction... FHA only goes to $625,500, now you have another avenue for these higher balance transactions up to $3MM in loan amount.

Posted by

Mike Young, 203k Team Leader    Mike ready for your 203k order

To learn more about the FHA 203k loan program go to www.203kOnLine.comWhat is your fee? 

Got a 203k project giving you "fits" contact www.203k911.com. If you are looking for quality 203k software for consultants to speed up the underwriting process..

877-207-6565  state your name when asked please, it is dialing me at the same time.

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Comments(2)

Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366
Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA
General Contractor, Dry Rot and Water Damage

That new, larger loan package may be just what is needed for many in this market Mike Young .

Apr 24, 2015 11:13 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mike, great information for buyers to have an avenue to finance repairs!  

May 03, 2015 09:46 AM