Amy Sherman, Home Buyer in Brooklyn, NY

What is a 203(b) loan?

Asked by Amy Sherman, Brooklyn, NY Mon Mar 11, 2013

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That is a standard FHA loan. More information can be found here:

http://www.fhatoday.com/203b.htm
0 votes Thank Flag Link Mon Mar 11, 2013
Thank you for the best answer selection! Good luck with your home search.
0 votes Thank Flag Link Thu Mar 28, 2013
The FHA loan program is divided into sections. The 203(b) is FHA most widely used section for the purchase or refinance of a 1-4 unit primary residence.

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Javier Meneses
Senior Loan Officer
NMLS #23130
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
jmeneses@snb.com
(516) 606-9648
0 votes Thank Flag Link Mon Mar 11, 2013
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