203k Benefits to Realtors & Mortgage Lenders
■Increase income by selling more homes and originating more loans
■Raise real estate values by improving homes and neighborhoods
■Decrease foreclosure inventory
■Help buyers who previously could not buy homes
■Help seller/owners with properties in outdated or fix-up condition
■Spur economic growth by creating job opportunities for the construction/remodeling industry
■Promote an under-utilized niche program that not many Realtors or Lenders understand
■Revitalize your community
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The FHA 203k loan program strengthens the real estate market and the economy, because it requires a property to be improved, thereby increasing real.
