Asked by michael, Hiram, GA • Sun Dec 19, 2010
So I have been pre-qualified for a regular FHA loan.I put a offer in on a bank owned home last week. The bank will not accept my offer on this home unless I go FHA 203k streamline loan b/c it needs some minor repairs in the bathroom and laundry room. My lender does not do that loan so I am looking for someone in Georgia who does but I am also confused on this loan.
Can you do a 203k on a log home b/c that is what this house is? Also the repairs needing to be done to the home are very minor and I could do them myself.Do I have to have a contractor? Any help would be appreciated..If you are in Ga and do the 203k streamline loans please leave me your information so I can contact you asap.Thanks in advance,
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