Comments on: FHA 203K Loan Information http://www.203kmortgagelender.com/blog/fha-203k-info/ Information, Questions & Answers about the FHA 203K Wed, 01 Feb 2012 03:57:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Marvin Hernandez http://www.203kmortgagelender.com/blog/fha-203k-info/comment-page-1/#comment-686 Marvin Hernandez Tue, 25 May 2010 07:46:07 +0000 http://www.203kmortgagelender.com/blog/?p=196#comment-686 <strong>Kendall Bunn asked:</strong> What is an average loan application approval rate? <strong> Marvin's Answer:</strong> Hi Kendall 203k loan applications have the same approval rate as regular FHA and Conventional loans. If a Borrower can get approved for let's say $400,000 on a regular loan then the only difference from a 203K would be that the same $400.000 must also include the purchase price and improvements. As far as property approval, 203k loans have a higher approval rate than regular loans as the condition of the property is not a factor. Kendall Bunn asked:
What is an average loan application approval rate?


Marvin’s Answer:

Hi Kendall

203k loan applications have the same approval rate as regular FHA and Conventional loans. If a Borrower can get approved for let’s say $400,000 on a regular loan then the only difference from a 203K would be that the same $400.000 must also include the purchase price and improvements. As far as property approval, 203k loans have a higher approval rate than regular loans as the condition of the property is not a factor.

]]> By: Kendall Bunn http://www.203kmortgagelender.com/blog/fha-203k-info/comment-page-1/#comment-639 Kendall Bunn Fri, 14 May 2010 22:39:21 +0000 http://www.203kmortgagelender.com/blog/?p=196#comment-639 what is an average loan application approval rate? what is an average loan application approval rate?

]]> By: Marvin Hernandez http://www.203kmortgagelender.com/blog/fha-203k-info/comment-page-1/#comment-353 Marvin Hernandez Thu, 15 Apr 2010 07:03:02 +0000 http://www.203kmortgagelender.com/blog/?p=196#comment-353 Hi Bobby, Thanks for the compliment. To subscribe to this blog you can click on the email icon or orange RSS icon on the top of this page. If you subscribe by email you will be notified via your email when there is a new post. If you subscribe via the Orange RSS button you can use a free web based reader such as <a href="http://reader.google.com" rel="nofollow">Google Reader</a> to view new posts. Take Care Marvin Hi Bobby,
Thanks for the compliment. To subscribe to this blog you can click on the email icon or orange RSS icon on the top of this page. If you subscribe by email you will be notified via your email when there is a new post. If you subscribe via the Orange RSS button you can use a free web based reader such as Google Reader to view new posts.

Take Care
Marvin

]]> By: Bobby L. Cole http://www.203kmortgagelender.com/blog/fha-203k-info/comment-page-1/#comment-352 Bobby L. Cole Thu, 15 Apr 2010 00:30:09 +0000 http://www.203kmortgagelender.com/blog/?p=196#comment-352 Been reading for a few days now. This was very good and solid information. BTW, I like your site design as well. I enjoyed reading it and hopefully you will write more soon. Do you have a newsletter? How do I subscribe to the blog itself? Been reading for a few days now. This was very good and solid information. BTW, I like your site design as well. I enjoyed reading it and hopefully you will write more soon. Do you have a newsletter? How do I subscribe to the blog itself?

]]> By: Read This Link » FHA 203k Loan - Making a purchase offer with a 203k home loa http://www.203kmortgagelender.com/blog/fha-203k-info/comment-page-1/#comment-291 Read This Link » FHA 203k Loan - Making a purchase offer with a 203k home loa Sun, 10 Jan 2010 04:59:14 +0000 http://www.203kmortgagelender.com/blog/?p=196#comment-291 [...] FHA 203k Loan - Making a purchase offer with a 203k home loa [...] [...] FHA 203k Loan – Making a purchase offer with a 203k home loa [...]

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