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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceDifference between 203k loan and new CHOICERenovation product?
Taylor Chiu's profile image
Taylor Chiu's profile image
Taylor Chiu
  • Real Estate Agent
  • from Salt Lake City, UT
  • Member since Feb 16, 2014
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Taylor Chiu's profile image
Taylor Chiu's profile image
Taylor Chiu
  • Real Estate Agent
  • from Salt Lake City, UT
  • Member since Feb 16, 2014
Connect
Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
228
Votes |
473
Posts
Private Lending & Conventional Mortgage Advice

Difference between 203k loan and new CHOICERenovation product?

Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
Posted Jun 20 2019, 11:26

Hey everyone, Freddie Mac just came out with a CHOICERenovation loan. Any ideas how this differs from the 203k loan? Seems like both cater to those who need to finance rehab costs, but I imagine there is more to it than that.

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