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Updated over 5 years ago on .

User Stats

98
Posts
23
Votes
Fausto Carosella
  • Real Estate Broker
  • Boca Raton, FL
23
Votes |
98
Posts

203K for low appraisal?

Fausto Carosella
  • Real Estate Broker
  • Boca Raton, FL
Posted
Hey all, especially my lender friends... As I understand it when financing with an FHA loan gets a low appraisal, it might be an option where buyer can switch to a 203K and use 110% of appraised value. Has anyone done this?
  • Fausto Carosella