203 K lenders

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Icon Mini Profile AHMCSKS




Joined: 11 Sep 2009

Posts: 1

1.53 Dollars($)
PostPosted: Fri Sep 11, 2009 12:32 pm    Post subject: 203 K lenders

We are looking for a lender who will do 203K loans in the State of Michigan.
Icon Mini Profile sunnyca2009




Joined: 04 Aug 2009

Posts: 1737

36.13 Dollars($)
PostPosted: Fri Sep 11, 2009 4:41 pm    Post subject:

Check with the lenders on this forum
Icon Mini Profile jenkin7
jenkin7



Joined: 04 Jun 2007

Posts: 3429
Location: Hawaii
514.13 Dollars($)
PostPosted: Fri Sep 11, 2009 10:37 pm    Post subject:

Hi AHMCSKS,

It is a good decision to take a 203k loan, if you are going to buy a house in need of repair. There are various lenders who process 203k loans. You can visit the HUD website to find a lender in your area at http://www.hud.gov/ll/code/llslcrit.cfm .

You can also go for a no obligation free mortgage quote from the lenders in this community. There are quite a number of lenders in this community who offer loans in Michigan. They will assess your financial situation, your credit etc. and will offer you free mortgage quotes, given you qualify for the loan. This will help you know the rates and terms at which you can expect to get the loan.
Icon Mini Profile smithsara302




Joined: 12 Jun 2009

Posts: 116

-0.18 Dollars($)
PostPosted: Sat Sep 12, 2009 3:13 am    Post subject:

Can you specify requirement for loan?
also expain about your financial background,
employment details and credit score.
Icon Mini Profile archie14p




Joined: 16 Aug 2009

Posts: 65

0.06 Dollars($)
PostPosted: Mon Sep 14, 2009 3:46 am    Post subject:

See if you can find a 'Metro Cities Mortgage' in your area. They are pushing the streamline 203k. You can also go to the HUD website and search lenders under the 203k.
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