Eric Odame's (eodame) Blog

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Mortgage and Lending - Fidelity & Trust
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For all those living in Maryland, the state has a program (Community Development Administration CDA) that allow up to 100% financing for purchase/Refinance. With this program i believe most of the deals that we could not do before can be done now. There are some specific lenders that are approved...
08/14/2008
You agree with me that the more you educate your clients concerning the options that are available to them the better for your business. Here are some more basics of the 203K program;   A 203k loan allows the buyer to borrower money based on the AFTER-IMPROVED VALUE:    This will get you a refina...
05/22/2008
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The 203(k) loan program offers borrowers the resources to rehabilitate a home that may be in need of repair, either the home that they currently live in, or that special fixer-upper opportunity. One single loan is used to pay for the purchase (or refinance) and the cost of renovating the home.FHA...
05/08/2008
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Eric Odame

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