fha 203k loan: 203K Consultant (PA): What's an Eligible Property? - 01/08/12 03:21 PM
 
 203K Consultant (PA): What's an Eligible Property?
 
As a 203K consultant in PA, I sometimes get questions from clients wondering if their current home or a property they are purchasing would qualify as an eligible property under the FHA 203K loan program in PA.   
 
Here are some questions I have been asked regarding what's an eligible property:
 
Are only single family homes eligible for 203K loans?
Single family dwellings are eligible properties under the FHA 203K program, but so are 2-4 unit dwellings as long as they are owner-occupied.  Real estate investors do not qualify under … (5 comments)

fha 203k loan: Benefits of the 203K Program in Philadelphia & Reading, PA - 02/02/11 10:55 AM
 

BENEFITS OF THE 203K PROGRAM

 
 
      As a FHA 203K Consultant around Philadelphia and Reading, PA, I am asked a lot - What IS the203K program and what are the benefits?  The 203K program, sponsored through HUD, is a purchase-renovation program in which an all-inclusive loan serves to both acquire a real estate property and restore or upgrade the property to  current marketable conditions.  In other words, you can buy the  fixer upper and cover the renovation costs all in one low- interest mortgage AND this isn't just for low income borrowers!  It's open to everyone- from … (2 comments)

 
David Artigliere, ARTI Home Inspections, ASHI Certified Home Inspect (Reading, Pottstown, Norristown, Philadelphia) Rainmaker large

David Artigliere

ARTI Home Inspections, ASHI Certified Home Inspect

Collegeville, PA

More about me…

Reading, Pottstown, Norristown, Philadelphia

Address: Phoenixville, Boyertown, Royersford, Exton, Shillington, Wernersville, Collegeville, Conshohocken, Malvern, Sinking Spring, Sanatoga, Exeter, PA, 19606

Office: (610) 220-1907

Fax: (267) 350-6434

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