7Nov
First Time Home Buyers Can Benefit from FHA 203k Mortgages

First Time Home Buyers Can Benefit from FHA 203k Mortgages

If you are a first time homebuyer, you have probably been warned about the unexpected expenses that come with owning a home. Down payments and closing costs are just two of the expenses that come with owning a home, but most first time home buyers...Read More

7Nov
FHA 203K Mortgages and First Time Home Buyers

FHA 203K Mortgages and First Time Home Buyers

A 203K loan is a U.S. government loan managed by the Federal Housing Administration (FHA), which falls under the Department of Housing and Urban Development (HUD). The 203K loan is unique because it bundles a loan for the purchase of an existing...Read More

1Nov
FHA 203k Mortgages & Multi-Unit Family Properties

FHA 203k Mortgages & Multi-Unit Family Properties

If you are not familiar with the FHA 203k loan program, this program was designed to help finance the repair and the rehabilitation of dwellings. This program is administered by the Federal Housing Administration (FHA). Many times potential buyers...Read More

31Oct
FHA 203K Loan Key Features

FHA 203K Loan Key Features

The primary key feature of the FHA 203 loan is this loan is really a combination home loan and home improvement loan. This loan bundles these two loans into one making this type of loan ideal for a homebuyer who wants to purchase an existing home...Read More

30Oct
FHA 203k loan - Questions & Answers

FHA 203k loan - Questions & Answers

Since the 1930’s the FHA (The U.S Federal Housing Administration) has been providing Americans with the chance to make major improvements to their property and homes by means of their FHA loan program. Almost 40 million homes have reaped the...Read More

25Oct
FHA 203k... The Contingency Reserve

FHA 203k... The Contingency Reserve

The 203K loan program is a government program administered by the Federal Housing Authority (FHA). This program has been in existence for decades – it became less popular during the 1990s and started gaining again in popularity starting in the...Read More

24Oct
Eligible Improvements Using FHA 203K Loan

Eligible Improvements Using FHA 203K Loan

If you are not familiar with a FHA 203K loan, it is a type of loan available from the U.S. Federal Housing Administration. The FHA 203K program first became available in 1978 for the purpose of helping individual(s) purchase existing dwellings that...Read More

24Oct
All You Want to Know About An FHA 203k Mortgage

All You Want to Know About An FHA 203k Mortgage

An fha 203k mortgage is really an FHA mortgage with a couple of clauses attached. Money is saved in the escrow and used to either do small or large improvements to a property. Different types of fha 203k loans are available. The first is called a...Read More

16Oct
This Old House: 203K Loan Program Overview

This Old House: 203K Loan Program Overview

When one begins to describe anything involved in government programs it begins to sound like a verse from "Old Macdonald Had a Farm" (E-I-E-I-O). Every department seems to have under-departments. Each has its own acronym. Alphabet soup has nothing...Read More

123