Mike's 203k Blog
203k loans, the hottest renovation loan product on the market. Offering quick closings on homes that require repairs.
ARCHIVED BLOG POSTS
2010
0
Comments
We are talking on July 7th at 8:30 am at the Association of Realtors in Modesto for those who want to get the latest info on the 203k loan and more than that how YOU can use the 203k to get more sales. If you have been having trouble finding available inventory, I'll bring some info and maybe som...
06/28/2010
0
Comments
I have lots of calls nationally from consultants telling me horror stories of how long it takes Bank of America to pay the consultant. I understand that if you do a consultation directly for a branch of BofA you will get paid sooner. Apearantly is stems from a third party origination.. if your mo...
06/26/2010
0
Comments
Congrats to Eric Storm in Charlotte NC and Rock Hill SC. Eric just closed a full 203k loan in 24 days... good job Eric. Anyone in the Carolinas that is doing or wanting to do a 203k cant do better than Eric Storm. Eric and I have been doing 203 loans for about two years now and he is very well or...
06/25/2010
0
Comments
Wow, can you believe that we have a home with a foundation and sub floor and it seems that the city it is located within "regards this as new construction" and with that comment we have to convince HUD that this is a typical rehab project. With a simple comment from a city official all is lost......
06/19/2010
0
Comments
Sorry about not posting much lately, We have been working hard on the new 203k software that is being released on July 4th. This programmers have been using a lot of my time but it is looking very good. You are gonna like it. Back in a week or so with some new posts for you... thanks, M
06/17/2010
Rainmaker
666,785
666,785
Mike Young
FHA 203k Consultant 916-758-1809