That seems absurd but that was my understanding of the law the last time I checked.

The 203k loan is quite expensive, as it turns out, not only is the interest rate substantially higher than the non-renovation loan (my rate was 4.75%), the closing costs are absurd.

I think that false advertising practice is manipulative, unethical, dishonest and unfair to their competitors.

That’s absurd truth of the matter is they aren’t that difficult to install yourself. you should’ve asked the salesperson for a glass of Orange juice with that price and season tickets to the Yankees!

I was told by a loan advisor closing one of my loans that once a loan closes the bank would only look to see that payments are being made on time and never would re check on the title (or other pre closing concerns) ---- but that's just info I was once told ; could be false.

Beware of false appraisals. 9.

Took me about a year of false starts with a bunch of traditional lenders to find this one.

They create the false idea that mailing the pre foreclosure lists will get you tens of deals and that deals are easy to get.

Thats false on the banks part unless the property isnt FHA qualified.

Absurd.