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FHA Home Opportunity- FHA 203K Rehabilitation Loan for Bank Owned Properties

October 22, 2008 | Brian Lebars  | Comments: (2)

FHA 203K loans offer a tremendous opportunity for buyers of REO or Bank Owned property. The FHA 203K went all but extinct until of late. The main opportunity for the borrower includes:

* Interested in property that needs repairs but are limited in funds
* Want energy improvements or “green improvements” to their home
* Limited in cash flow for down payment and repairs

Brian LeBars, Loan Consultant at Vintage Mortgage Group specializes in real estate loans, Jumbo homes loans, FHA loans, FHA 203k, first time home buyer loans, Community down payment assistance programs and Green Mortgage options. Green Mortgage Group is a source for information on real estate, homes, and Bay Area foreclosures and financing options. Green Mortgage Group provides you with all the resources you need to explore purchase and refinance options in the Tri-Valley, East Bay, and San Joaquin counties

Authored by Brian LeBars, Mortgage Broker and top producing Bay Area lender specializing in Refinance loans, Jumbo homes loans, FHA loans, FHA 203k, purchase loans, first time home buyer loans and community first time home buyer down payment assistance programs.