maryland 203k: FHA 203K loans - a great product in today's real estate market
- 10/17/10 04:20 AM
HUD’s 203K REHAB LOANS – an Fha product The Fha 203K offers consumers the ability to purchase and renovate a house with just one settlement. This simplifies the traditional construction process, which many times involves two loan closings, high fees and balloon loan payments hat can be called at a given time. The current economic client of foreclosures and strategic defaults has left a glut of homes for sale that need work. These homes often referred to as a fixer upper, are perfect candidates for HUD’s 203K Rehab Loans. Because they are guaranteed by HUD they are underwritten with the consumers … (0 comments)
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Happy Mortgage - FHA PRO, Maryland First Time home...
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