finance: Using a FHA 203k Loan to Purchase a Foreclosure - 01/08/12 10:52 PM
This is an excerpt from a book I am writing called "Buyers Guide to Foreclosures"  (generic title but to the point).
Financing can be a major hurdle for some buyers wanting to purchase a foreclosure because of the condition of the home, which may keep it from qualifying for conventional or traditional FHA loans. The 203k is a great option. I encourage all agents to familiarize themselves with this loan program.
There are two types of FHA 203k loans. There is the Streamline and the Standard. The Streamlined is used for homes that need minor repairs such as replacing a roof … (8 comments)

 
Nick Miller (Coldwell Banker Graham & Assoc.)

Nick Miller

Jackson, MS

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Coldwell Banker Graham & Assoc.

Address: 7736 Old Canton Rd. Suite A, Madison, MS, 39110

Mobile: (601) 613-7878

Office: (601) 607-4770

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