When it comes to finding the right FHA 203k lender, there are many choices to choose from that range from small independent mortgage brokers to the biggest banks in the world. The key thing when shopping for a lender who can help you with your FHA 203k loan is that the lender is FHA approved and the loan officer that you work with is knowledgeable when it comes to FHA 203k guidelines.
FHA 203k Lenders: Who Is The Biggest?
When it comes to FHA lenders, the biggest banks in the country are big FHA lenders. Banks that you have heard of and might even use for your personal banking are the biggest FHA lenders. Banks like Wells Fargo, Bank of America, Citibank and Chase are just a few that can help you with getting an FHA 203k loan.
FHA 203k Lenders: Is Bigger Better?
Just because a lender is bigger doesn’t necessarily mean that they are better. The FHA 203k loan program is slightly more complicated than just a regular FHA loan, so you are going to want to shop for a loan officer who is knowledgeable when it comes to the FHA 203k loan guidelines.
FHA 203k Lenders: Shop Around
When comparing FHA 203k lenders, you can save quite a bit of money just by shopping around. You may be surprised at what a different feel you get from different lenders as well as what a different rate and closing timeframe when you can get your loan done. Shopping around for qualified FHA 203k lenders is easy – simply get started below and you will be introduced to multiple FHA 203k experts who are happy to help you with your FHA 203k loan needs or just simply answer questions.