Welcome to Part 2 of our Wisconsin 203k series. Today we are going to cover the guidelines of the two types of 203k financing.

When purchasing or refinancing with a 203k loan the eligible mortgage amount is based of the projected value of the home after the improvements are completed. The appraisal is a two step process, the as-is value and the value after...

Welcome to Part 1 of our Wisconsin 203k series. Today we are going to cover why a 203k loan would be used.

There are 2 types of the Wisconsin 203k loans – the 203k rehabilitation loan and 203k streamline. Both are very useful tools for those that are looking to improve a property they want to purchase or refinance. This program has gained a lot of popularity...

Today we will be giving you an overview of a very special loan program: the FHA 203k. This complex loan is a very useful tool for borrowers looking to purchase or refinance a property that needs improvements. This is becoming more and more popular as buyers are hungry for cheap foreclosed properties. Often these properties fall into poor condition because basic maintenance...

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The FHA 203k Home Improvement Loan – Part 4

The FHA 203K program is a wonderful tool to help homeowners and potential buyers with home repair and remodeling projects. Over the course of the last few posts we have shown you some of the basic guidelines for these types of loans. We will conclude this series with questions frequently asked about this topic....