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Home Buying in Boston Ave - Mill Hill : Real Estate Advice

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  • Local Info1
  • Home Buying4
  • Home Selling0
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Activity 4
Fri May 9, 2014
Daniel D. Thomas answered:
Hi Mr. D Chappel,

I'd be happy to help guide you in the right direction to qualifying for a 203K loan. As you know, the 203K loan is a product used by homeowners to purchase a home that needs repair and then borrow the needed funds to make repairs to the property. There are two types of 203K loan; a streamline 203K loan (where the rehab portion is under $35,000 and a consultand 203k loan (where the rehab portion is over $35,000. The first step will be to speak with a licensed mortgage broker or loan officers who will complete a formal pre-approval for you. They will look at your income, credit and assets as well as the property that you are interested in. Once it is determined that you are qualified, you will need to secure a licensed contractor to give you a proposal on the work to be done. Your lender will use that proposal to underwrite the loan. In order to complete a 203K loan, there is a minimum credit score required. I do work with a few fantastic lenders, who would be able to help you. Please direct message me the best way to contact you and I'll have someone give you a call right away to discuss more. -Daniel D. Thomas (You're Realtor) ... more
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Sat Jan 25, 2014
Vidiella Lynn answered:
Hi I would be glad to assist you. I've helped many buyers and sellers in these units and am well acquainted with how and what is required to purchase these. You can call me directly at 203-218-2229. ... more
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Mon Sep 16, 2013
Jonathan Robert answered:
Sat Jan 16, 2010
YOUR FRIENDLY NEIGHBORHOOD REALTOR answered:
If you call me or e-mail me I would love the opportunity to talk to you and tell you about this unit. My office recently sold a unit in this complex within the last 2 months. I'm affiliated with The Higgins Group and my e-mail is henry@higginsgroup.com and my direct line is 203-581-3317. My name is Henry Ruszczyk.
I am looking forward to hearing from you as we can discuss the mutually beneficial business relationship. Have a wonderful day.
... more
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