I am looking for a fha 203k broker/lender in California. I've identified a property, just need to find a lender. please email me.

The worst advice anyone can give you is to go to a large bank.. 203K rehab loans are a very easy product for someone who knows what they are doing, and most big banks only have application takers, not loan officers.. They will be lost with this product.. plus, your closing will take months longer using a large bank. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

You should always work with a local Mortgage Banker/Broker, rather than one of the big banks or big national mortgage factories. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. Those of us that do 203k loans do so proficiently because we are trained. We have access to loan products of MANY lenders, not just those of ONE bank, and can properly guide you. The program Brian referred you to is an OK program, but you deserve better than OK. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

We can help you. Get into touch with me. P: 888-320-7888 www.MortgagesforAmerica.org - Ken Burrows

Would be glad to help, we are renovation loan specialists (both 203k and conventional alternatives) and I personally have just completed several as well as having a couple more in process. You didn't leave an email, mine is pdumouchel@primelending.com or direct 843-619-6025 Look forward to hearing from you.

My best advice is to get off the internet, and contact a local NON_bank licensed Loan Officer. Some place you can go drive to, and sit down with a Loan Officer to discuss the 203k loan.

Tim - the thread raises good points. The 203(k) loan is not complex for a knowledgeable and experienced broker. We specialize in the streamline or full 203(k) and believe it is a fantastic solution in this market. We have several lenders that provide the 203(k) and would be happy to help. Check out our website at http://www.signetmortgage.com/renovation-loans/ We are located in Danville, CA ... about an hour away from you. Please let me know how I can be of help. Clay Selland, Signet Mortgage Corporation. 877-877-8420