203k MADE EASY

Our Team of Approved 203k Loan Officers

We work only with select mortgage professionals on the 203k program. The following mortgage officers are on our team and are approved by their lenders as FHA 203(k) home loan specialists:

Jerry Fancher
Wells Fargo Home Mortgage
7900 Xerxes Ave South
Bloomington, MN 55431
612-667-6472
Jerry.Fancher@wellsfargo.com
Learn more or apply for a 203k loan here: www.jerryfancher.com

Teri Haugh
Home Savings of America
14750 Lac Lavon Drive
Burnsville, MN 55306
952-715-6161
haugh55021@yahoo.com
Learn more or apply for a 203k loan here:  www.myraterocks.com

Nicole Doran
Wells Fargo Home Mortgage
7900 Xerxes Ave South
Bloomington, MN 55431
612-316-2942
Nicole.M.Doran@wellsfargo.com
Learn more or apply for a 203k loan here: https://www.wfhm.com/loans/nicole-doran/index_reno.page

203(k) Quick Facts

One to Four Units

Eligible properties include one to four-family dwellings that have been completed for at least one year.

Monthly Payment Reserve

Up to 6 months of mortgage payments, including the mortgage insurance premium, may be placed in escrow to cover the monthly payments during the construcion period.

Foreclosed Properties

203(k) loans can be used to purchase and rehabilitate foreclosed properties that do not meet the regular FHA requirements

Refinancing

203(k) loans can be used to refinance and improve a property that is currently owned by the borrower.