A Recent study released by HUD regarding the FHA 203k Renovation Mortgage Program stated that after all work was completed homes that utilized the FHA 203k Renovation Home Loan had over 22% equity in the home. Imagine what that can mean to a new home buyer who has bought a fixer upper with a 3.5% down payment or the home owner that is wanting to sell their home in the near future but has little to no equity in their home to realize that needed profit. Buying … (1 comments)
fixer upper: The FHA 203k Renovation Mortgage Lender in St. Louis!
- 04/08/12 01:44 AM
Are you looking for a mortgage lender in the St. Louis area who can help you with the FHA 203k Renovation mortgage? Do you have questions about the FHA 203k mortgage, have you found the perfect fixer upper, are you dissatisfied with your current FHA 203k lender? I may be a bit bias but I know that the best FHA 203k lender in St. Louis is USA Mortgage. I closed my first FHA Renovation mortgage in 1998, when they weren't as popular as they are now, it was a learning experience that looking back I feel sorry for the home buyers … (0 comments)
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