203k loans, the hottest renovation loan product on the market. Offering quick closings on homes that require repairs.
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Lenders from anywhere actually can benefit form the FHA 203k loan program by being prepared for the volume if they do some simple things. 1) Build your team wisely. Don't wait until you have some orders before you seek your "203k consultant". Interview them and see what they do for you to make t...
Nice upscale city with quite a few "famous people" living there, who would have thought to use the FHA 203k loan in Santa Barbara? Well lets see, Jose Vasquez with Wells Fargo Home Mortgage and Prospect Mortgage for two. I'm sure their are others as well. We are doing our first Santa Barbara ins...
1) We had an FHA 203k project at “Black Point” that was right on the water. The tide came up under the home each high tide and receded at low tide. There was a “grade beam” foundation that consisted of three grade beams that allowed the water to flow freely up under the homes and drain fully wh...