So here's the scoop, we are two bald mortgage guys who have built a completely referral based company on princples of honesty, education and advocating for our clients. Because we are in in an industry full of people who are unethical and generally clueless, our mission, should you choose to accept it, is to bring you the "inside scoop" through the lens of those who see and deal with it everyday.
Wednesday, October 13, 2010
Buying Fixer-Uppers
Click on the article to link. This is a good article about the FHA 203(k) loan, which is really the primary loan available for people wanting to buy a property and roll into the loan the fix up costs. You should know that they are a pain in the butt, bottom line (no pun intended). However, it is there for you if you want to roll the costs into the loan. More work? Yes. Other options? None.
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