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Our 203k Loan Calculator is EASY to Use and Read
Have you ever wondered how the renovation part of the FHA 203k loan is figured out? Well now you can because 203k Mortgage Lender has a new feature – our FHA 203k loan calculator for purchasing a property. Unlike conventional loan amounts, FHA loans [...] Will the Government Shutdown Affect Your FHA Loan? If you are currently in the process of an FHA loan to purchase or refinance, then probably the last thing on your mind is how a government shutdown will affect it. Well, if a government shutdown is to happen it could [...] Attention Homebuyers, Homeowners and Real Estate Agents !! Effective April 18th 2011, the annual Mortgage Insurance Premium (MIP) for FHA loans which also includes the FHA 203k, will be increased by a quarter percent (.25 %). This means FHA 203k loans as well as regular FHA loans will cost more per month. So, what do you need to [...] We have all seen properties that aren’t in the greatest of shape, but there is a way to sell prospects on potential. With renovation financing, you can show your buyers how to turn a property they’re thinking of buying – or the one they already own – into the home they have always wanted. All types [...] Sellers, Buyers and R.E agents beware of these type of surprises and avoid unnecessary delays by making sure those that need to be licensed are Today I came across yet another great post encouraging Real Estate Agents to consider those buyers who want to use FHA financing. As a 203K Mortgage Lender I am trying to do my part in spreading the word that FHA Loans have a lot of benefits that the standard Conventional loans don’t. So read on…you maybe pleasantly surprised on how far FHA has come. Here is a sample of FHA 203K Resources that 203kMortgageLender.com offers Videos – This is a sample version of the FHA 203K: 10 Steps from Offer to Closing video. You can see the complete version at the 203k Mortgage Lender website jwplayer(“jwplayer-1″).setup({flashplayer: “http://www.203kmortgagelender.com/blog/wp-content/uploads/jw-player-plugin-for-wordpress/player/player.swf”, width: “640″, height: “480″, controlbar: “bottom”, “config”: “”fha-203k.xml””, “file”: “http://www.203kmortgagelender.com/video/blog-videos/fha-203k-loan.m4v”, “image”: “http://www.203kmortgagelender.com/video/blog-videos/titlepage_blu.jpg”, “skin”: [...] Knowing what the Maximum loan amount FHA offers in your area will help you determine the price range of your purchase Here is some news that came out today straight from the Dept of Treasury encouraging Banks to support the FHA 203K! Have questions about what you just read? Ask a 203k Specialist. |
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