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Updated over 2 years ago on . Most recent reply

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Ja'Ron Stephens
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Seeking FHA 203k lenders

Ja'Ron Stephens
Posted

I am currently looking for FHA 203k Lenders for accomplishing my first house hack. Does anyone have any recommendations?

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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Joshua Jones has done multiple renovation loans for clients of mine. He most recently did a conventional construction loan which worked out great for a client. We have also closed 203k loans. If your game plan is to do a construction play, make sure you have your expectations really dialed in. You will pay a LOT for a contractor to do the work since there is a lot of red tape for the contractor on the front end. These normally work better in nicer areas where the construction is "worth it". 

  • John Warren
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