Mike's 203k Blog

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Home Inspector - 203kOnLine.com, covering the USA - S0289
203k loans, the hottest renovation loan product on the market. Offering quick closings on homes that require repairs.
RECENT BLOG POSTS
Fastest way to a close on an FHA 203k is using a TEAM I received a call from a home buyer the other day. She asked for some assistance on her 203k loan in process. Turns out the lender was doing their first 203k and chose a consultant who was just getting started and had no clue as to what he was...
02/01/2015
Ft Pierce FL 203k renovation loans for refinanceI just purchased a home two months ago and there is more work than we expected to get it livable. What options do we have, if any, to get money to do the necessary work?Actually you are in very good shape to get the money to do the work on your home...
01/31/2015
FHA 203k vs HomeStyle® Renovation Mortgage in St Lucie FL Why would I use an FHA 203k loan over a HomeStyle Renovation Mortgage if they both do the same thing for me? I'm buying a home that needs some work, quite a bit of work, which program is better for me? Good question(s) 1) FHA has a lower d...
01/31/2015
203k loan limits don't go high enough for my neighborhoodI'm afraid that is the harsh reality in many neighborhoods. What then, is the answer where the homes in my area are selling in the $1MM to $3MM or more. All is good with another renovation product that is available and our group consultants...
01/29/2015
Port St Lucie FL where the 203k is alive and well I was just doing some research for our new office in St Lucie County FL where Pete Campbell-FHA 203k consultant is ready to help you with your consulting needs. Our company has been doing this since 1994 and when the "streamlined k" was introduced...
01/29/2015
"There's another 203k" was a common statement from my wife for over twenty years as we were riding around the country. It didn't make any difference what state we were in if there was an obvious fixer she would be sure to point it out.  Why then is it so hard for Realtors, people in the business ...
01/26/2015
This is always interesting stuff for me. The windows surprised me a bit but most of this is basic stuff just good to see it on paper and it can help you make decisions on what you should upgrade as you get your new home. - 2015 Cost Versus Value Report for Home Remodeling Projects in Phoenix - Ea...
01/22/2015
FHA 203k training and HomeStyle® Renovation Mortgage training We have been training consultants, lenders, investors, and Realtors for over twenty years. Why is this post coming out? Because so many of you think this is a new program. It actually has been around since 1961. We have the #1 rated so...
12/21/2014
FHA 203k is just another renovation loan and it works allot like the the HomeStyle Renovation Mortgage by FannieMae. What is the major difference? Simply PMI - Private Mortgage Insurance. If you have good credit and are putting 20% or more down on the property there is NO PMI with the FannieMae r...
12/18/2014
We have permission from CCR to reprint this information I thought may be of value to some of you thinking of doing larger construction projects CCR Provides 2nd Mortgage Construction Financing - Behind FHA 203K 1st Mortgage  California Construction and Renovations ("CCR"), one of the largest 203K...
12/18/2014
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Mike Young

FHA 203k Consultant 916-758-1809
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