FHA 203K Financing At A Glance

Many homes on the market these days needs some sort of repair or improvement.

Many homebuyers have been purchasing homes at a tremendous bargain by utilizing FHA's 203k Financing.

This is one of the BEST financing today meeting the present housing conditions and buyers desire for a beutiful home purchase.

Fha's 203k allows for the purchase and the renovation/repairs to be rolled into one loan. This financing has been around for decades. So why haven't many people heard of it?

One of the reasons is that not all mortgage companys offer this program and the ones that do only have a few or handful at best of loan officers with experience in this type of financing. This was one of my first loans I closed when 10 years ago.

The other reason is that it's not easily presented or explained to all parties that are involved (like the listing agent, contractor, selling agent, buyers, buyers circle of influence/advisors, etc... )

If it can't be easily explained than fearing or avoiding it is the easiest route to take for some.

To that I answer with a presentation.

I've created a simple and quick presentation illustrating the "K" loan. I hope that you find it helpful.