Prior to the recent downturn in the economy, FHA-insured mortgages comprised less than three percent of new home loans. Since the economic crisis, FHA and the Government-Sponsored Enterprises have insured or guaranteed nearly 95 percent of new mortgage loans being originated. By the end of 2010, almost half of new home purchase loans and one quarter of new refinance loans were FHA insured.
203K FHA REHAB. LOAN IS GREAT FOR THAT REO PURCHASE…
The FHA 203k Consultant & Home Inspection is an integral part of a successful 203k-loan transaction. I have 20 years of experience in commercial and home construction Management. I am a fulltime 203K Consultant that has over 12 years experience with THE 203K PROGRAMS AND I HAVE CLOSED HUNDREDS OF LOANS. “203K REPORTS ARE SUBMITTED 48 HR AFTER SITE VISIT”.
PHONE: 908-553-7851 or 973-651-6632
Web: www.smdmanagement.com EMAIL: toddeady@aol.com
Todd L. Eady HUD ID: P1304
Servicing New Jersey, New York, & Pennsylvania