Unlikely 203k property? Maybe yes, maybe no - Sacramento to Oakland

Home Inspector with 203kOnLine.com, covering the USA S0289

Unlikely 203k property? Maybe yes, maybe no - Sacramento to Oakland

Learn what properties qualify for the FHA 203k program.

When you think of a 203k you likely think of a small house in a rough neighborhood as for many years that is exactly what it was. Not true any more... 

Typical house for the FHA 203k loan program

Typical home for 203k loan guaranteed program

This is a 203k potential home for sure.













How about the one below? It is also an FHA 203k...

203k home in Sacramento County




Who would have guessed?

These two homes pictured above have a commonality of both being in the process of an FHA guaranteed 203k loan. The 203k can be used for any home in nearly any neighborhood today and is the most widely used loan program for properties requiring repairs. You must make arrangements to get the repairs done on a home that needs repair so what simpler way to do so than this program. 







Unlikely 203k property Mike Young archives



How about this one? Yep, it was another 203k project.                          




 The properties dont' have to be bad properties in rough neighborhoods. The maximum loan amounts in many counties allows you to take advantage of making renovations with your purchase or refinance at low rates making this the most popular renovation loan program in the USA and our colonies.

Posted by

Mike Young, 203k Team Leader    Mike ready for your 203k order

To learn more about the FHA 203k loan program go to www.203kOnLine.comWhat is your fee? 

Got a 203k project giving you "fits" contact www.203k911.comIf you are looking for quality 203k software for consultants to speed up the underwriting process..

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Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366
Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA
General Contractor, Dry Rot and Water Damage

Wow, that is a shocker Mike. I just thought that the 203k loans were for the smaller homes. Good to know.

Mar 27, 2012 12:29 PM #1
Mike Young
203kOnLine.com, covering the USA - Las Vegas, NV
FHA 203k Consultant 916-758-1809

Tom, that is the stigma around the 203k but the fact is that any home that needs work in order to close an escrow can be a 203k

Mar 28, 2012 12:27 AM #2
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Mike Young

FHA 203k Consultant 916-758-1809
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