Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

FHA 203(k)~ The Best Program Available For Distressed Property
Going 203(k)? GREAT! But it's time to make a call...
The very first thing to do is call the 203(k) Consultant.  The 203(k) Consultant is your guide into the loan, and will assemble the FHA/HUD package to get you past underwriting. As a professional 203(k) Consultant, I handle a lot of these loans, which is your assurance that I know exactly what to provide to the Lender and how to work with the Contractor. Unfortunately, its been my experience that a lot of misinformation exists on the web about this program, and it is VERY IMPORTANT to have clarity and direction when you are first considering the property ~ so don't hesitate to call when you are thinking about going under contract.
The 203(k) WHAT loan?
There are TWO primary types of 203(k) loans, and as I am discovering, the Consultant is being required on more and more Streamline loans - not just the Full 203(k). It's important to pin this down before you get too far with your Lender, as time can be of the essence if you are in due diligence. Note that all lenders are not equal in this arena. You want a Lender who has been ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention