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Updated 8 months ago on . Most recent reply

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9
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2
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James Dugan
2
Votes |
9
Posts

Fannie Mae / FHA 203k lenders for DFW?

James Dugan
Posted

Hey folks,

Posting here because I couldn't find a recent (past two year) answer about using Fannie Mae / FHA 203k etc loans for a house hack in DFW. Apologies if I missed prior posts asking the same thing

I want to take advantage of the low down payment requirement however need to find a lender supporting this loan type.

Can you please provide any recommended lenders for Homestyle loans (or even 203k) that serve DFW? 

Thanks,


James 

Most Popular Reply

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100
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56
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Ray Williams
  • Lender
  • Denver, CO
56
Votes |
100
Posts
Ray Williams
  • Lender
  • Denver, CO
Replied

203K and Homestyle can be great ways to finance in the cost of improvements. I can say from having taught classes on these loans that your contractor will be the biggest key to your success. If the agent you work with is not familiar make sure the lender is, so you have someone who can confidently navigate this path for you. Shoot me a DM with questions 

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