Financing in Philadelphia>Question Details

Abi, Both Buyer and Seller in 19118

Can anyone recommend a good FHA 203k loan expert in Philadelphia?

Asked by Abi, 19118 Sat Dec 21, 2013

We have some questions about a particular property we're interested in, and are interested in the 203k loan. So far we've been unable to find anyone who is truly a specialist and no one seems to know much about these loans.Where can we find someone who specializes in this type of loan.

Help the community by answering this question:


You need to work with an FHA approved lender in order to secure home renovation financing under the 203K loan program. Whether you are looking for a streamline loan or a standard loan option, work with a local FHA lender with experience handling 203K loans in the past. You can filter your search for a 203k lender in Pennsylvania just to those who have underwritten at least one such loan in the past year.
1 vote Thank Flag Link Tue Jul 26, 2016
I would be happy to help you Abi. This product is what my team and I focus on everyday. You need a specialist and a team who know the program inside and out. The lender is just one part- you need a experienced consultant (Steven DePaul is top notch) and contractor as well. In order to do these well an experienced team is a must!

Jeff Onofrio
Director of Renovation Lending at AnnieMac Home Mortgage
NMLS #38670
Direct 609-217-9409
1 vote Thank Flag Link Mon Dec 23, 2013
Please call me at 610-660-4712. I started originating 203ks in 1993 and I am sure I can answer any questions you may have.

Best Regards,

Edward Fallon, MBA NMLS # 144708
Allied Mortgage Group
0 votes Thank Flag Link Mon Dec 23, 2013
I have been 203k's since 1993. I know every nook and cranny about them. I have 80 active 203k going on right now. If you want to give me a call I am available always. It is all about service. I have Lenders that I could recommend one would be Jeff Onofrio at Annie Mac. His contact direct is 609 217 9409.

If you want to know more about this particular property and what you are able to do contact me

Steven T. De Paul Hud # P0218
0 votes Thank Flag Link Sun Dec 22, 2013
Bill Brennen at Polonia Bank is your best bet

Another good agent is John Lippello at Prospect Mortgage. His number is 412-608-7439. His email is

Ernest Coates, ABR CFP CDPE
0 votes Thank Flag Link Sat Dec 21, 2013
An expert lender on 203K loans is John Quattrocchi with First American Mortgage. You can reach him at He specializes in 203k loans and only does them... so feel free to reach out to him or me with any questions! Thanks!

Lindsay Good
The Colin Good Team
CENTURY 21 Alliance
0 votes Thank Flag Link Sat Dec 21, 2013
I Agree with Don Sherman, Bill Brennan at Polonia Bank. We just closed a 203K with them that another lender fumbled with for 4 months. Polonia settled this in 3 weeks however much of the ground was already done with the consultant, etc. This was a Streamline 203K.

Bob Weiss
Coldwell Banker Hearthside Realtors
215-379-2002 VM 112
0 votes Thank Flag Link Sat Dec 21, 2013
Abi, I have been originating 203k loans since 1997. I can help you with any questions you may have on the process of a 203k streamline or 203k standard loan. Feel free to reach out to me and I can forward you our 9 page 203k packet. Best of luck!

Joseph S. Cordova
Trusted Mortgage Advisor
NMLS 146855
Evesham Mortgage, LLC
65 East Route 70, Plaza 70
Marlton, NJ 08053
856-985-9944 ext. 103 Tel
856-304-2381 Cell
206-333-0946 Fax
0 votes Thank Flag Link Sat Dec 21, 2013
Hi, Abi!

Renovating properties is a subject very near and dear to my heart, and I've worked quite a bit with John Hallahan at Wells Fargo on these matters in the past. He knows the 203k program inside and out, and is very good at explaining the ins and outs of that loan product, as well as conventional renovation loans, etc. - and the pros and cons of each in any borrower's given situation. I've linked his website - complete with contact info - for you below, and good luck going forward! :)


Kim Wingfield

Real Estate Agent: Keller Williams - Center City Realty
REALTOR® - Member of GPAR
Cell: (267) 530-5641
Office: (215) 627-3500
0 votes Thank Flag Link Sat Dec 21, 2013
Hello Abi,
I can answer your question. Give me a call. 267 992 7276
You can also read my blog on 203ks in my profile. It is very informative.
0 votes Thank Flag Link Sat Dec 21, 2013
Good morning About;
Bill Brennan with Polonia Bank specializes in the 203k program.
I will obtain his phone number for you.
Please contact me at 267-716-8228
Don Sherman
Century 21 Advantage Gold
0 votes Thank Flag Link Sat Dec 21, 2013
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