Fannie Mae homestyle program
We offer the Fannie Homestyles along with a few portfolio loan options depending on the project and scope of work.

What is a 203K Loan? Are these government loans, part of the new bailout?
You cannot streamline into a 203K loan. The 203K loan is a HUD loan that has been around for more than 20 years, so no it's not part of the new bailout. Some may argue it was part of the bailout plan in the 80's.What where you hoping the 203K loan would do for you?

Should I refinance my home?
I just ran some quick numbers based on the information you provided. Take a look at this total cost analysis to get a clearer picture of the numbers.http://mcedge.tv/169sln

not "Fannie Mae compliant" property
What % is investor owned? You may be able to obtain FHA financing instead. FHA allows a higher investor concentration.

can't buy a condo with conventional financing?
with 15% of the unit owners delinquent on condo fees you won't get FHA or VA financing either. Nor do you want too!The condo association is in trouble, if the property needs a capital improvement do they have the assets to make the repair/improvements? With the delinquencies are they even...