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sjperrini · Joined: 31 Jul 2009 Posts: 5 2.33 Dollars($)

I'm interested in using the FHA Title 1 for home improvements and the approved lender list that HUD offers is seemingly useless. All of the lenders on the site have been approved to make the loans but when I call they say they aren't. There is one I located but is a great distance from my house. Does the lender have to be from the county I live in? Do you know of any other resource that I could use to locate a participating approved Title 1 lender?

Other things that I've considered besides the Title 1 are secured loans---the interest rates are obnoxious. Home Equity Loan---don't have any. 401K Loan---big monthly payment.

Hopefully you can offer some more insights or options. I appreciate your time!

S.P.

savior70 · Posted: Thu Jan 28, 2010 4:46 am Post subject:

Hi,

It seems the FHA title I lenders list offered by the HUD is not updated. Many things in the mortgage industry have changed in the recent few years and it looks like the lenders you contacted are no longer approved by FHA to offer you the loan. It's not necessary that the lender has to be from the county where you live in. You can take a loan from a lender outside of your county, provided the lender is willing to offer you the loan.

lagundi_99 · Joined: 23 Jul 2010 Posts: 1 1.00 Dollars($)

Check the credit unions listed on the HUD site you searched for your state- those are the few that are willing to lend under the fee cap. If you tell me what state you are in, I can give you a list of the lenders CURRENTLY lending on the FHA Title 1 program. Granted, a very small percentage of those actually licensed... long story.

Guest

Domestic Bank out of Rhode Island offers Title 1 loans throughout the country.

Guest

Does anyone know who is offering Title-One loans in California??

Guest

I'm looking for a title 1 lender in the state of California
can you help?

adonis · Posted: Tue Aug 16, 2011 9:43 pm Post subject:

Hi Donnie/James,

I will suggest both of you to contact the local lenders and check out if they can offer you a title 1 loan. This community has a large number of lenders. You can seek a no obligation free mortgage quote from them and check out if they can help you with a loan and know what type of rates and terms you might get.

Company	Loan Type	APR	Est. Pmt.
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