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Updated over 4 years ago on . Most recent reply

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14
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5
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Bryce Shortall
  • Real Estate Agent
5
Votes |
14
Posts

Central Coast recommended FHA lenders

Bryce Shortall
  • Real Estate Agent
Posted

Greetings BP members,

I've been conducting some research for a FHA (203k if possible) live-in flip opportunity in the Central Coast. My area of focus has mainly been the Five Cities region and Los Osos/Morro Bay. I'm aware the 203k process is long and arduous to meet all the requirements and jump through all the hoops but I'm making it my goal to really try and find a way to get pre approved in the near future so that I can ramp up my call lists and and start talking to sellers/agents. With that being said I was curious if there were any lenders, specifically rehearsed in FHA, that local investors have used before and would recommend. Also would be interested to hear if anyone had success with any none local FHA lenders as well here in the area. I've called up some of the big staples (BOA, Wells Fargo, some local credit unions) but keep running into a logjam of conflicting information. Thanks in advance for any and all help!

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