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Updated almost 4 years ago on . Most recent reply

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Shondell Alford
  • Atlanta, GA
2
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8
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Atlanta 203k Mortgage lenders and real estate agents

Shondell Alford
  • Atlanta, GA
Posted

Currently sitting at a 750+ credit score and a few thousand dollars saved. looking for mortgage lenders and real estate professionals knowledgeable in the 203k area of home buying also local down payment assistance programs.

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Brenden Mitchum
  • Rental Property Investor
  • Atlanta, GA
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1,344
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Brenden Mitchum
  • Rental Property Investor
  • Atlanta, GA
Replied

Hey @Shondell Alford

Your agent and loan officer should be able to help you with DPA programs. These vary in availability from county to county so it will depend on the specific property you are interested in. 

I'd be happy to recommend our loan broker who has access to 203k lenders. That being said, don't bet on getting any offers accepted in this market with that hefty 203k days to close (around 60 days). If it's something off-market or extremely distressed you might be able to make it work but if it just came on the market, don't waste your time offering with a 203k loan. 

Please, feel free to reach out anytime if you have other questions or just want to chat!

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