buyers: Understanding the FHA 203k STREAMLINE - 04/12/09 06:46 PM

CT FHA 203k Streamline Rehab Loan
Being a mortgage professional since 2002 and I can be honest with you in saying that the hottest inquired about home loan in recent days has been the FHA 203k Streamline.  I'm posting this blog today so that everyone can get themselves familiarized with this loan.  This is an excellent mortgage product specially for buyers of foreclosures, REO properties or bank owned properties because most of these homes need some fixings before a bank or lending institution is willing to lend money on them.  FHA 203k Streamline goes by the FHA guidelines hence … (4 comments)