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A consumer guide to the 203k
What you should know about the 203k BEFORE the rehab process This book is intended for consultants, FHA lenders and loan officers. The general public can benefit but it is more for the industry we serve. Six simple steps to a trouble free 203k loan experience. A must read for anyone using or thinking of using the 203k rehab loan program. Money saving tips could save you over $500.Save on your consultation, and on your appraisal fees. The 203k Streamline process. When you can use it and when you can't. We even list the items that will keep you from using the Streamline 203k. It is NOT for every user. We'll show you how to find your "TEAM". A team is essential in completing a 203k rehab project with little or no stress. Don't be one of those who say "Why didn't I know that before I tried a 203k?" Refi or purchase and rehab 203k secrets The FHA loan limits are higher than they have ever been. There are more foreclosures available. The time has never been better for the 203k loan program. |
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BORROWER'S GUIDE to the 203k Loan - The hottest rehab loan product on the market
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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 $970,800 so they can be done in most American neighborhoods. ** Call Mike Young if you want to hear about a new renovation loan product up to $3MM loan amount... NOT FHA of course.
It is clearly my opinion that every home or small income unit sale 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. Click here to purchase now.
| Features | Benefits |
| 203k Basics | Learn about the 203k program itself |
| Six simple steps to completing a 203k project | We show you just what to do and the typical order for those events to take place |
| JUMBO 203k | Who would have guessed FHA would come up with a JUMBO loan in high cost areas over $729,000 |
| Steamlined "k" | The real truth about the streamline... your project may or may not qualify & why |
| 203k Procedure | Step by step instrucctions on what is going to happen and when it should happen |
| "Live Rent FREE in America" | We show you a unique feature of the 203k that will allow you to live rent free |
| investors and the 203k | Beginning investors can actually purchase mixed use properties, warehouses, and 5-8 unit buildings under the 203k program |
| Real estate professionals can make some "up front" money | We show you a little known secret that allows you to make money going into a project |
| Borrowers can save money on their fees | A couple of tricks for borrowers to save money on their 203k refi or purchase |
| Lenders will love this book | We provide all of your manditory disclosures for the 203k in a unique way. |
Customer Reviews
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Average rating from 3 reviews: 5.0 |
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