A Great Tool for Buying Foreclosed Property
A Streamlined Option
These loans are a great tool when buying an outdated or foreclosed property. I can get these loans closed and not put you in processing limbo. These loans can be extremely tedious and take many months to close, and I have a streamlined option that can close in the same amount of time as a regular FHA loan. But if you need it, I also have the full 203k rehab loan for those homes with a little more repair needs.
High Points About 203k
Also, you can refinance using this program and not have to worry as much about your home appraising. Here are some high points about 203k:
- Borrow the sales price PLUS repairs/updates
- Can be cosmetic - doesn't have to be a repair
- Use on most any property
- You can pick the contractor(s)
- You can get money directly for appliances
- Use the money to finish the basement
- Same low rates as standard FHA loans
I provide free foreclosure listings. Just call or email me today! My experience and dedication can make this program work for you and save you thousands!