Admin

Biola, CA Real Estate News

By Mike Young, FHA 203k Consultant 828-469-7462
(203kOnLine.com, covering the USA)
Fresno has always been a strong market for renovation loans.The FHA 203k loan is a powerful tool for homeowners looking to purchase or refinance a property while addressing necessary renovations. This all-in-one loan combines financing for the home and repairs and improvements, saving you time and money compared to traditional construction loans.Key Benefits of the FHA 203k Loan Lower Interest Rates: Enjoy competitive interest rates, often significantly lower than construction loans. Simplified Process: Streamline the financing process by combining the purchase or refinance with the renovation loan. Flexible Financing: Cover many improvements, from minor repairs to major renovations. Real-World Example: A Fresno Home RenovationConsider a recent project in the Kings Canyon area of Fresno...
Comments 3
By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
VA Mortgage Loans in Biola CA and 100% VA Loans -the best loan program in the country! VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel. Here are some of the great features of this fantastic program: - Up to 100% financing, with no down required. - No monthly mortgage insurance added to your payment. - More lenient credit qualifying standards than other types of mortgage loans. - Low rates compared to other loan programs. So how do you qualify for a VA Mortgage Loan in Biola CA? The first step is to verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. You can work with an approved Windsor  CA VA mortgage loan lender to order your COE quickly,...
Comments 1
By Mike Young, FHA 203k Consultant 828-469-7462
(203kOnLine.com, covering the USA)
There seems to be a large range of answers when you ask this question. They are not all correct however.  A consultant's job is to protect the client by forearming them with the cost of their construction prior to going out to bid. Giving them an idea of the cost of their project prior to taking contractor bids. Also to provide a "scope of work" that will aid in the contractor's bidding apples to apples.  What I have seen recently and more often in recent months: 1) We get called out to see a house and find they already have three contractor bids... interesting but now our job becomes to see if the bid they want to use is "reasonable" for the work they are doing. 2) We get called out to make our inspection and even though they have a bid, the scope of work isn't sufficient. The contract...
Comments 0
Explore Biola, CA
Biola, CA Real Estate Professionals