Borrower's Guide to the 203k Loan...
and a great reference book for contractors and consultants for the 203k
program
Continue below...
The hottest rehab loan product on the market...
This handy guide provides you with all the information you need to be
knowledgeable when you go to purchase or refinance your next home or small
income property using this unique rehab loan product. HUD has increased the loan
limits so this loan can be used in most neighborhoods in the USA.
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How to "Live Rent Free in America"
- Beginner Investors learn how to buy "Mixed Use" and "Small Income Units"
using the 203k loan.
- How to refinance an existing mortgage and get the money to fix your
property. If you recently purchased the home you may be able to get the money
to fix up your home without any more money "out of pocket" if under six months
seasoning.
- How to save money on your next purchase on your appraisal and consultation
fees.
- A guide through the maze of paperwork associated with the 203k. You get to
see what is in those contracts and view our comments on many of them.
- If you are considering buying or refinancing you should do
yourself a favor and take a look at the 203k. Easiest loan to qualify for,
loan amounts recently increased in high cost areas to $729,750 so they can be
done in most American neighborhoods.
It is clearly my opinion that every home sale or refinance made within the FHA loan limits
should be a 203k. I don't think your home is really yours till you replace the
carpeting and repaint. Why would a real estate professional allow a client to
purchase a home with a leaking faucet or a bad roof... this loan substantially
reduces their potential liability on every sale. All around this is a good deal
for everyone involved. Let us know if we may be of any assistance.
...Buy Now
