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Updated over 4 years ago,
Dealing with FHA loans- hoops, tips and tricks
I have had lenders tell me that the 203k is a real pain in the tush and have given me all sorts of warnings...you know what that tells me? That is not the lender that I need to work with.
I have on the other hand heard of brokers that have had extensive experience and it’s not such a huge hurdle for them.
So, those of you who have had real life experience with this type of financing, what are the “hoops” that I can expect to have to jump through? What’s the best way to have all my ducks in a row? I was always told that anything in life that is worth while may be difficult but not shy away from that. I’m just stubborn enough to believe it.