FHA 203k Renovation Loan
Is Your Dream Home Falling Apart ? Then you need a FHA 203k Renovation Loan!
Just some of the great features of this loan product include:
- Minimum of 3.5% down!
- FHA loan products generally allow lower credit scores compared to other loan programs
- Simple streamlined process
- A wide range of home improvement upgrades are available (carpet, roof, siding, appliances, paint, flooring, windows, septic and more)
- Your licensed contractors
- NO minimum repair amount
- Available for purchase & refinance transactions
- And Much More . . . .
- Testimonial – See what you can do with an FHA 203k renovation mortgage
- Listen to the But Loan Song
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October Lunch and Learn / Webinar: The Ins & Outs of Appraisals
Appraisals – Its complicated
When we start talking appraisals it can get confusing. As lenders, we learn what’s important for getting the loan closed. Realtors put their market analysis hat on when they think about them. Neither is correct. Look at it this way, an appraiser is in a profession in and of it’s self. Appraisers are licensed and trained to look at property values in a pretty specific way. On top of that the different loan programs all have different “rules” the appraiser must follow. Then at the end of the day its not a specific formula but a matter of opinion. That’s why we always tell people we could order 5 appraisals on a property and we would get 5 different sets of results. During this event we are going to go over many of the things the appraisers look at, how they analyze the property, and some of the different variables that come into play across different loan programs. If you are looking for a deeper understanding of how appraisers think this is a must attend event.
Hot Topics We Will Cover
Here is a list of some of the things we will cover during the event:
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