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Private Lending & Conventional Mortgage Advice

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Jacob Plocinski
  • Real Estate Agent
  • Danville, PA
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48
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FHA 203k Lender

Jacob Plocinski
  • Real Estate Agent
  • Danville, PA
Posted Apr 27 2016, 11:41

I'm currently looking at a duplex. Half of the duplex was recently renovated and the other half is livable, but definitely could use some updating/appliances. I've been reading up on FHA 203k loans; however, I cannot find a lender within 50 miles of my current location that offers FHA 203k loans.

Would you advise using a lender that far away from the property? Are there alternative types of loans that offer financing of improvements wrapped into the mortgage? Thanks for your help in advance.

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