Home Buying in Bedford Hills>Question Details

Robert Paul, Real Estate Pro in Bedford, NY

Has anyone had a buyer use a 203k Loan successfully?

Asked by Robert Paul, Bedford, NY Sun Jul 25, 2010

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Yes minor glitches along the way but no major problems have been had by any of my buyers. Some of my happiest buyers have used a 203k to purchase a property including one that when they went to refi the property out of the 203k were told by the refi lender that they had about 280,000.00 in equity by the new appraisal.
0 votes Thank Flag Link Tue Aug 3, 2010
Yes we have several borrowers successfully use the 203K program to buy and renovate or fix up a property. This is a great program!
0 votes Thank Flag Link Tue Aug 3, 2010
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