Tag Archives: 203k streamline loan

Run Out Of Cash On Your Remodel? The 203k Loan Refinance Can Help

Pic Credit to Razvan Ionut I got a call the other day from a contractor who said that his client was in the middle of remodeling their home and they had run out of cash to finish the remodel.  Their previous contractor underestimated the costs of the materials and the home owner was using thier […]

203k Loan Advice, Get A Contractor Bid Before You Write An Offer

In regards to the 203k loan advice, I don’t know everything and I don’t pretend to, but I know more than most.  However lately I’ve been receiving calls from troubled borrowers who have started a 203k loan with another lender and it’s falling apart and they need help keeping their deal together. One of the main issues […]

Realtors And The 203k Loan. Why Do They Dislike It?

The 203k loan is like taboo to some Realtors, they dislike it.  To the 20 year experienced Realtor the 203k loan may be looked at as a loan that is problematic and associated with fraud. Realtors who have been in business for 10 years or more may have never seen the need for the 203k […]

203k Loans Do It Yourself Fix-Its Not Always Allowed

A 203k loan may be alluring to a do it yourself handyman.  You get buy a home in need of repair and get a fixer upper home loan, the 203k loan, and receive funds within the loan to fix up the home or remodel it to your liking. It is within the FHA rules to […]