203k Checklists

The housing rehabilitation program of the Department of Housing and Urban Development or HUD has resulted in what is more commonly known as 203K loans. 203K loans are an ideal way for people in low-income groups to get financing for any restoration, preservation or rehabilitation work that they may need to undertake on their properties. While there are numerous consultants available on the internet and off it for advising you on your efforts to get a 203K loan, you would still do well to be ready with certain basic things that your consultant and your loan officer would ask you for. Here is a 203K loan checklist for your convenience.

1.  A permanent address i.e. a place where you have stayed for the last two years

2.  Your social security number for identification purposes

3.  Professional details such as the name and address of your employing firm

4.  Your gross monthly salary

5.  Information related to your checking and saving accounts

6.  Property liens and loans that you are still in the process of repaying

7.  Details of other properties or real estate owned by you in the same state and other states

8.  Estimated aggregate valuation of all your personal property

9.  Certificate of eligibility and related documents if you are a veteran

10.  Recent check stubs and related information

11.  Personal tax returns of the past two years

12.  Current income statement

13.  Business balance sheet if you are self employed

14.  Enough money for paying for a professional assessment of your property and an updated credit report.

With the above-mentioned 203K loan checklist, you would be completely prepared for the detailed process of acquiring a 203K loan, whether you decide to approach the loan officer directly or go through a professional consultant for the whole process.
Special Insiders Quick Start Guide
Discover The Insider Secrets To Saving Tens of Thousands on Your Next Home Loan Using The Government's 203k Home Loan Program
Inside This Free Report You'll Learn...
  • How to buy and fix up a property With as little as 3.5% down.
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  • How to finance up to $35,000 in repairs
  • How to Save Tens of Thousands of Dollars On Your Next Home
    • Insider Tips About Holdbacks & Disbursements
    • Items that are NOT eligible for 203k Loans
    • and much more...

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      Kim Greenspan
      203k Loan Specialist

      Email: Kim@WeSayOk.Com

      Phone: 262-650-9890

      Contact Kim Greenspan, your local 203k Mortgage Specialist, to setup a free consultation and develop your winning strategy for purchasing your new home with a 203k Loan. Me & my team will be honored to serve you! 

      First Fidelity Home Mortgage of Wisconsin, LLC
      Kim Greenspan
      Phone: 262-650-9890

      First Fidelity Home Mortgage of WI, LLC - NMLS# 279615 | Kimberly Greenspan - NMLS# 281495

      Notice: This is a privately owned and maintained
      web site by Kim Greenspan specializing in
      203(k) financing and is not a government agency

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