Posts tagged 203k

Understanding Requirements of Appraisal for FHA Loans in WI

Understanding Requirements of Appraisal for FHA Loans in WI

Understanding Specific Requirements of Appraisal for FHA Loans in Wisconsin The all-time low mortgage rates combined with affordable home prices have generated a huge growth in business for FHA mortgages. People considering their first home need to understand the specific appraisal requirements for FHA loans in Wisconsin. Basics of FHA Appraisal In a nutshell, an […]

Using FHA 203K Loan to Purchase a Fixer-Upper

FHA Mortgages

Using FHA 203K Loan to Purchase a Fixer-Upper Across Wisconsin there are a large number of short sale homes available to buyers.  A short sale is a home being sold for an amount less than the existing mortgage balance.  These homes often have a few cosmetic repairs that need to be made in order to […]

Which Mortgage? FHA 203K or HomePath Loan

Short sales and bank owned properties can offer a great price point to the savvy buyer or investor.  Typically though, these homes do require some amount of work and repairs.  I’ve found that many properties just need some cosmetic ‘touch ups’ like paint and landscaping.  Others however may need significant remodeling, including drywall, roofing or […]

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