Posts by jkoch

203K HUD Consultant and the Streamline Renovation Loan

Posted by jkoch on Dec 30, 2011 in Projects | 2 comments

With FHA HUD 203k Renovation Loan there are two types of products; Streamline and Standard (also known as Full 203k). FHA HUD requires the use of a 203k Consultant for a Full or Standard loan product, but does not mandate a consultant as a requirement for a streamline loan product. However some lenders do require the use of a consultant to do a streamline loan even though FHA may not. The 203k...

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A 203k HUD Consultant Provides More Bang for Your Buck

Posted by jkoch on Dec 15, 2011 in Company News | 0 comments

The added benefits of a 203k HUD Consultant.

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BRIAN BUFFINI – NOV 2010

Posted by jkoch on Jan 4, 2011 in Company News | 0 comments

Glenn Schwartz & Associates / Inspection Analysts recently traveled to Anaheim, CA for a 2 day Brian Buffini Turning Point event. Brian Buffini is a successful business mentor and coach from the real estate business who tremendously expanded his business through referrals. The event gave us valuable insight on referrals for our business. Our clients are the cornerstone to our success, so we...

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What items remain ineligible for the Streamline program?

Posted by jkoch on Aug 20, 2010 in Company News | 0 comments

Properties that require the following work items are not eligible for financing    under the HUD FHA  Streamline 203(k): Major rehabilitation or major remodeling, such as the relocation of a load-bearing wall; New construction (including room additions); Repair of structural damage; Repairs requiring detailed drawings or architectural exhibits; Landscaping or similar site amenity...

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Streamline 203(k) Limited Repair Program

Posted by jkoch on Aug 20, 2010 in Company News | 0 comments

FHA’s Streamlined 203(k) program permits home buyers to finance up to an additional $35,000 into their mortgage to improve or upgrade their home before move-in. With this new product, home buyers can quickly and easily tap into cash to pay for property repairs or improvements, such as those identified by a home inspector or FHA appraiser.  Actual repair costs will max out around $28k, as...

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