Rehab Your Home Network

The ReHab Mortgage Place

The FHA 203K and the FNMA Homestyle ReHab Mortgage Programs to finance your home improvement projects.

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Forum

Shanelle Wintercrest

VA Refinance Center for Veterance Affairs Loans

Started by Shanelle Wintercrest Nov 9.

Louis Jeffries

FHA IN TODAYS MARKET 2 Replies

Started by Louis Jeffries. Last reply by Maria Suzette Smith Dec. 4, 2008.

Louis Jeffries

Credit & Credit Repair 1 Reply

Started by Louis Jeffries. Last reply by Mawiyah Oct. 20, 2008.

Groups

Notes

THE REHAB MORTGAGE LOANS

THESE PURCHASE REHAB LOANS WILL LEND MONEY FOR THE PURCHASE & THE REHAB IN ONE LOAN AND ONE CLOSING.

FHA 203K

Owner occupied with 3.5% down payment (can come from a gift from family member),  620 credit score and the seller can pay up to 6% of the purchase price for closing costs. Streamline and full 203k options available.

FNMA HOMESTYLE

Owner occupied with 5% down payment with more liberal rehab

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Created by Louis Jeffries Sep 26, 2008 at 11:10pm. Last updated by Louis Jeffries Sep. 27, 2008.

Open Houses and Seminars

Please Post your Open Houses, Seminars, and Housing Fairs in Events Continue

Created by Louis Jeffries Sep 20, 2008 at 5:28am. Last updated by Louis Jeffries Sep. 20, 2008.

Sample Work

Contractors, if you have before and after pictures of your work that you want to display first join the contractors group and add them there. Secondly, add the pictures to your page and they will show on the main page as well.

For technical assistance, contact me at 708.299.3244 or email me at louisjeffries@comcast.net

 

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Created by Louis Jeffries Sep 20, 2008 at 3:29am. Last updated by Louis Jeffries Sep. 20, 2008.

Notes Home

Welcome to Notes. Continue

Created by Louis Jeffries Sep 20, 2008 at 3:17am. Last updated by Louis Jeffries Sep. 20, 2008.

Events

 

Latest Activity

Shanelle Wintercrest is now a member of Rehab Your Home Network
November 9
www.makemoneywith-google.com is now a member of Rehab Your Home Network
September 5
Mike Young added 4 photos
April 12
Mike Young updated their profile
April 12

Blog Posts

Shanelle Wintercrest

Exclusive VA Refinance Center Offers Loans Designed for Veterans

Exclusive low rates of loans designed for veterans affairs, military loans for home improvements, lowest rates of VA mortgage loans, VA refinance rates, VA streamline, cash out refinance loans. VA Loan

Posted by Shanelle Wintercrest on November 9, 2009 at 8:47am

Mike Young

203k and handicap accessibility

Several people have asked lately about the use of the 203k to install handicap access ramps, widen doors, improve shower access... and one about having ramps removed. Yes the 203k can be used to improved handicap access... it is a no brainer... go for it. In addition there are organizations who will remove ramps for you for FREE if they can keep the ramps as they will use them elsewhere... keeping it GREEN.

I have noted there are some people that feel that the value of a home is impacted by han… Continue

Posted by Mike Young on May 30, 2009 at 10:29pm

Mike Young

203k appraisals

The 203k original guideline calls for two appraisals, an 'as is' appraisal and an 'after improved' value appraisal. In 1995 a change was made that saved the borrower money by doing an 'after improved' value appraisal and a single paragraph discussing the 'as is' value. that paragraph might look something like this... The value of the subject property is $250,000 subject to the completion of the attached 'scope of work" or "bid specifications of repair". The cost of the repairs is $50,000 therefo… Continue

Posted by Mike Young on April 12, 2009 at 4:13pm

Maria Suzette Smith

Rates are ridiculously low 5% !

Hello Everyone,

After a whirl wind of ups and downs in the market place, today the rates have dropped to as low as 5% percent! It's time to dig into our databases and help past or new clients refinance. Refinancing now, maybe the extra help they need to get through these economic times.

I'm here to serve any of your real estate needs, if you need a rush order, contact me at elitemd@yahoo.com.


Maria Suzette Smith
www.elitetitlemd.com

Posted by Maria Suzette Smith on December 17, 2008 at 1:41pm

Louis Jeffries

BANK REO'S !!!!!!

Coming soon we will have Bank Owned properties that you can market, sell, or buy. Stay Tuned for details real soon!!!

Posted by Louis Jeffries on September 20, 2008 at 3:30am — 2 Comments

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