Also, the 203k typically have higher closing costs and the OHFA program limits what lenders can charge. 203k loans also typically have slightly higher rates than the 203b(standard fha) loans. OHFA sets the rates for the bond money program
With those contraints it' typically an unprofitable loan for a bank to do...
If you need someone to help you with a 203k loan in cincinnati area, contact Brent Zuch at 513-477-3834, He's with Western Ohio Mortgage
should you have any other questions feel free to contact me directly at 513-227-5897
Scott Baker, Realtor
ERA REAL SOLUTIONS