203K Rehab Loans

By
Mortgage and Lending with Cardinal Financial Company, Limited Partnership NMLS 365858

http://www.freedigitalphotos.net/images/view_photog.php?photogid=851

Attention Real Estate Agents, home buyers, and yes, even home owners!  If you're thinking about buying a home that needs some work or currently in a home that could use some updating or much needed improvements, FinanceMyHome.com has the loan for you!  We currently have two 203K options to fit your needs.

Our Streamline Option is geared for those uncomplicated minor repairs that are completed in 30 to 60 days and having a maximum labor and material cost of $31,000!

Our Full Consultation Option is designed for those more complicated projects that require plans, permits, inspections, etc.  We provide you with a trained HUD inspector who acts as your consultant and supervises the entire project. 

As with any loan, there are certain requirements and qualifications, and I'll be more than happy to share with you in detail the entire aspect of both of these FHA backed loan programs to which works best for you.


 


 

Finance My Home Logo 

 




James Jeter | Mortgage Loan Originator | NMLS #365858
12005 Ford Road, 8th Floor Dallas, TX  75234

 

O: 866-277-3088, Ext. 3361 | D: 972-629-3361

 

C: 214-556-7609| F: 866-249-2231

 

E: jjeter@financemyhome.com

Anything posted on ActiveRain and Localism are my personal views and they do not reflect those of FinanceMyHome.com, REMN, Inc. or it's affiliates.

 

 

 

 

 

Comments (3)

Todd & Devona Garrigus
Garrigus Real Estate - Beaumont, CA
Broker / REALTORS®

James,

The 203K loan is one of the most useful loans, but yet is not used as much as it should be, especially in the real estate climate we're in with tons of distressed sales.

Sep 27, 2011 05:40 AM
Jarrod Westerlund
Big Block Realty - San Luis Obispo, CA

The 203K is just now starting to become more popular here In Santa Maria.  The Santa Maria Foreclosure market has left our inventory full of homes that need a whole lot of love.  www.rebuildusa.com is a program that I got hooked up with.  They partnered with Lowes to help streamline the construction part of the process.  There are classes to to become 203k specialists.  Its kind of a cool deal

Sep 27, 2011 06:18 AM
James Jeter
Cardinal Financial Company, Limited Partnership - Carrollton, TX
James Jeter

Many lenders shy away from these loans due to the fact that many of them don't know too much about them.  Add the fact that it is more time consuming than your standard purchase or rate & term refinance and even more stay away from it.  Fortunately, the process here is set up to help the process move quickly and easily with a seasoned "concierge" to assist with the entire process.

Sep 28, 2011 04:53 AM