Transforming Foreclosures with 203k Loans

By Leesa Sandoval | Mortgage

Sep 08

And they say that FHA 203k rehab loans don’t close.  Well here (video) is another FHA 203k that closed on time. It went from contract to closing in 45 days.

This house needed $83,000 worth of repairs including new windows, new flooring, complete bathroom renovation, new fence, etc.  Without the program, this house would have been sitting much longer waiting for a cash buyer.

Thanks to Jason Morris with First Choice Construction for handling the renovation.

About the Author

• Leesa Sandoval
• 972.725.9110
I have been a Mortgage Loan Consultant in Dallas, TX for over 13 years, and I specialize in FHA 203k Rehab Mortgage Financing …..(Read Full Profile)

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