While most FHA lenders look down on repair escrows and wanting to hold back money on loans the easy way around this is the FHA 203K rehab loan.  I am located in Mt. Laurel, NJ and recently my Realtors have been asking specifically for FHA 203K rehab loans because the banks are now requiring this [...]

FHA 203K loans are great for borrowers who are looking to refinance and also for purchases.  I wanted to use this blog, and the next few posts,  to show you examples of how you can use the fixer upper loan for certain situations. 
A customer of mine who has owned her home for the last 4 [...]

With foreclosures and short sales dominating the market place right now- more and more offers that customers are submitting to banks are coming back with two options.   The banks are saying you need to go conventional (As-Is) or FHA 203K rehab.   

The FHA 203K Rehab loan is usually the only option for first time home buyerssimply [...]

There are some important features to remember when looking into a FHA 203K Rehab loan.  These are great loans for buyers looking to purchase a foreclosure or short sale or for the home owner who wants to update or remodel there house.  Below are a few important things to remember:

FHA loans are for primary residences [...]