I want an FHA 203k loan, will the home still need to pass inspection? Many of the properties I'm wanting to fix up probably wouldn't pass but that's why I plan to do 203k.
No, the home inspection will likely reveal many problems or deficiencies with the property, which is why you want to use an FHA 203k. If you email me at efallon@alliedmg.com I can send you some helpful 203k information.Also, if you have 5% to put down you may want to look at the Fannie Mae Homestyle, too.Edward Fallon NMLS#144708Allied Mortgage Group610-660-4712
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