Home Buying in Irving>Question Details

Roy Mathews,  in Dallas, TX

is the 203k loan available to investors?

Asked by Roy Mathews, Dallas, TX Thu Mar 28, 2013

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203k loan is designed to help home owners who are in need of financial help for home repairs, renovation, and even new purchase.Check out http://www.cfs203k.com for more details.
0 votes Thank Flag Link Sun Sep 8, 2013
From my experience with 203k loans, the best advice is to use a lender that offers assistance via third party with 203k processing.
This shortens the closing time by weeks. Try http://www.cfs-mortgage.com/203k for more information.
0 votes Thank Flag Link Sat May 25, 2013
Hi Roy,

203k Loan is a FHA loan program that is only for owner occupied homes. Its a federal aid program.

If you are looking to flip a home. I know a few portfolio lenders that can help you as well. You can email me at dixondfw@gmail.com for their contacts.


0 votes Thank Flag Link Sat Mar 30, 2013
Owner Occupants only, there are a lot of great loans programs for Investors though
0 votes Thank Flag Link Sat Mar 30, 2013
There are rehab loans available on the right properties that make sense.

Feel free to call me or email me and we'll give you a reference to a reputable rehab lender.
0 votes Thank Flag Link Fri Mar 29, 2013
Bruce Lynn, Real Estate Pro in Coppell, TX
FHA loans are for 'owner occupant borrowers'.

There are other rehab loans for investors.
0 votes Thank Flag Link Thu Mar 28, 2013
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