FHA 203k Loan in Arizona: Good For Rehab Projects

Many people who are shopping for Arizona homes have found that many of the properties available for sale are either bank owned properties (lots of Phoenix banks have lots of inventory) or short sales. One person I spoke with recently was shopping for Tempe homes for sale that needed a little work. When buying a bank owned property or a short sale, chances are that the home is going to be in need … [Read more...]

FHA 203k Streamline: How Much Money Can You Get?

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The FHA 203k streamline program was designed for people who are interested in buying a home that is in need of a few repairs that are not "structural" and would require major work. The FHA 203k program is designed for homes in need of major work, the FHA 203k Streamline is just designed for work like carpet, paint, kitchen, gutters, etc. Here are the most common FHA 203k Streamline … [Read more...]

FHA 203k Streamline: Why Choose The FHA 203k Streamline?

fha 203k streamline loan

As more and more bank owned properties are bought here in Arizona, many people are starting to become aware of the various loan programs designed for homes that are in need of repair. The most popular ones are the FHA 203k Streamline, the FHA 203k loan and the Fannie Mae HomePath loan programs. When it comes to the two FHA loan options, many people ask me "why would someone want an FHA 203k … [Read more...]