What is your experience witha 203K loan?

[Greta Andrews]

What is your experience with 203K loans? I'm having a hard time finding the right lender. I'm currently casting a wide net with lenders to see who knows how to and is willing to do it, and I'll narrow it down to one when I go under contract. I'm learning more and more everyday.  I think I understand the concept.  But how do I choose a contractor?  I know the wrong contract can cost me so much more in my money and time.  I'm nervous, but I think in the end it will be a worth while deal if I stay the course.  Anyways that was just a long winded way of me asking for any advice on the 203K loan.

[David Ramirez]

Hey Greta, 

Here in the Tampa Bay area, I've heard that 1st Florida Mortgage offers FHA 203k loans. I haven't worked with them but you might want to reach out to them to see if they can help you.

https://1stfloridamortgage.com...

Regards, 

David