This is well known company based in IL. 203k product is time consuming so make sure you pick the right company and right LO to work on your property. 203K is for primary residence only .

A great lender/LO will actually help you find a great 203K consultant and contractor.The 203K is a GREAT program for the right person. 

I was a lender for a long time and I can promise you that at times the guy sitting in the cubicle next to the loan officer you are talking to can get a loan done and the LO you are talking to can't. 

Its all about relationship with your LO how he guide you to the right product and lock your rate on right day. 

@Lo Lormejuste, to answer your question, almost everything except Reverse Mtgs.

Allot of the people that bought were sold on sucking up the payments for 2 or 3 years and then they could refi and get back to normal life - lo and behold they cannot refi, most of them have payment increases by 10-25% so then they foreclose, values drop and their neighbor cannot refi, he forecloses, values drop again etc.... tumble tumble tumble.

Don't be captain educate-a-LO (kind of like you don't want to be captain save-a-ho).

Lo and behold though, today I was able to sign the final documents for my first substantial HELOC.  

The guy seems nice but just v-e-r-y s-l-o-w at everything.

In other words, it needs to be on your tax returns for 2 yrs.I got the impression that the LO's don't want to deal with complex stuff.