Mortgage

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Hi, I am a long time reader, and first time poster. We would love some input from anyone who has experience with an FHA 203(k) loan. We are buying a mixed use building and our mortgage broker came up with it. We don’t know much about this kind of loan and would like to hear…

I am just getting around to posting this although I closed my refinance in December. I want to give a shoutout to Sophia Prountzos (Sophia.Prountzos@wellsfargo.com). She was quite amazing. Her office was on top of everything and most importantly there were no last minute surprises involved. They had to extend the rate lock twice for…

I have a three family property in the slope with no debt on it but is not my primary residence. I am looking for a revolving line of credit but since it is an investment property, many bank’s consumer loan area won’t touch it. Has anyone had any success with this situation?

I’ve been going back over old posts about 203K loans and the reviews are mixed, to say the least! Was wondering if anyone currently in the trenches had any new updates or advice. We’re currently applying for a standard FHA loan, but the inspection is turning up some work we weren’t expecting. Also, does anyone…