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
2014
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Met a young couple last night at an investor meeting in Charlotte... MetrolinaREIA. They were talking about purchasing a home and in a couple years having it be their first rental... We discussed a mixed use building as a starter home and units all at the same time. Maximize the rental property a...
07/18/2014
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The 203k loan program has gone out of this world. This time FHA has really stepped up to the plate. Every real estate professional should check the loan limits in your county or the counties you work in. In high cost areas you are back in the business with Jumbo loans that have rehab attached to ...
07/18/2014
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203k lender Benicia and Vallejo CA A client shared this video with us on his new home purchased with the FHA 203k loan guarantee program with financing from Tina Norman of First Mortage. Quite exciting to see a home buyer realize their dream. I remember years ago I wanted to get a clean photo of...
07/18/2014
FHA 203k Officer Next Door program Idyllwild to San Francisco 50% discount off the appraised value for Police Officers, Firemen, and EMT officers on HUD homes. Police Officers, Firemen, and EMT officers are in charge of keeping our streets safe and helping our citizens. The FHA 203k Officer Next...
07/18/2014
FHA 203k lender for the Teacher Next Door program How teachers can gain access to homes with 50% discount off the appraised value. Teachers are in charge of our future leaders and voters. The FHA 203k Teacher Next Door program was designed to help teachers in targeted neighborhoods who purchase H...
07/18/2014
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I met a most interesting borrower yesterday as we did a 203k consulting project on his home. It turned out we had allot in common. We both have a sheet metal history. I grew up as the son of a sheet metal contractor and sometimes think my blood has zinc in it... just kidding of course, and the cl...
07/18/2014
Who can actually close a renovation loan fast in Los Angeles County? There are lots of lenders who profess to be able to close a renovation loan quickly and then there are those who actually do close them quickly. But remember it isn't all on their shoulders, your client or the client must take a...
07/18/2014
Who can actually close a 203k loan fast in Sonoma & Mendocino County? There are lots of lenders who profess to be able to close a renovation loan quickly and then there are those who actually do close them quickly. But remember it isn't all on their shoulders, your client or the client must take ...
07/16/2014
Who can actually close a 203k loan fast in SF Bay Area? There are lots of lenders who profess to be able to close a renovation loan quickly and then there are those who actually do close them quickly. But remember it isn't all on their shoulders, your client or the client must take an active role...
07/16/2014
Southeastern Home Inpection Conference is coming in September Hope to see old friends and new in Atlanta in September at the conference where I'll be speaking on FHA 203k consulting for a four-hour class. Get your CE credits. Join us for fun and learing all about how you can add this great produ...
07/12/2014
Rainmaker
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Mike Young
FHA 203k Consultant 916-758-1809