I am located in the Greater Kansas City Market. As many of you are seeing, there is an ever growing surplus of foreclosed and short sale homes available. Additionally, with the credit tightening, FHA has become a more viable option for many current and potential homeowners,both for purchasing and high LTV/CLTV refinances. Yes, FHA has lessened the appraisal requirements, however, sometimes there are just a few small items necessary to bring the house up to par. Maybe even adding new appliances or replacing carpet and/or paint for the client into the loan will help them with initial expenses for the home.
I was certified as a Renovation Specialist with Wells Fargo in 2000 and spent three years producing 203k loans in the MO and KS market. I again have the opportunity to offer an INCREDIBLE product to the KS and MO market. In fact, our company offers this product in KS, MO, TN, GA and soon to be OK, AL, and SC.
Up to $35,000 additional funds to be allowed with contractor bids for the NEW STREAMLINED 203K loan. This is not the old 203K. We are closing this streamline K loan in less than 30 days. Not only that, but we are a market leader in interest rate and closing costs as well. Regardless of the intial inspection or items needed to be repaired, Every home qualifies for this program! (exception: structual integrity issues are excluded and not allowed under this program)
Other specialty programs:
HUD Foreclosures using FHA 203b financing with only $100 down - Insured and Insured with Escrow eligible
Homestyle Renovation - Conventional program for rehabbing homes - even investor program
Investor - Purchase and Rehab Hard Money 100% up to 80% ARV
Take the time to call me to discuss this program or any other home financing need you, your family, friends or clients might need. 913-647-6080 x 6084. I promise to open the door to more clients and sales opportunities with this phenomenal program!