Brent Kluge & www.203kworld.com bring you amazingly helpful hints to save you time and money on your 203k loan from EXPERIENCE.  Please enjoy this information and click Like or Subscribe if you consider it helpful!  Check back to www.203kworld.com for new info and blogs in the near future!

Brent Kluge describes the basics of "How to buy an "As-Is" house".  Learn some of the major items of what to look out for when making an offer on the as is home - writing your contract offer - some mortgage options - renovation loans - basic process of the as is home- pointers for you to look for when buying that fixer upper.

Brent Kluge give amazing hints and helpful information for you when utilizing the FHA 203k Loan and how to find a Contractor.  Check back for more info/topics and visit us at www.203kworld.com

Feel free to ask me a question in the comments section about your FHA203k... I WILL ANSWER!

Brent Kluge gives honest, reliable and real world advice on the ins and outs of the FHA 203k.  In this Video Blog, you will understand if you should hire a HUD Consultant or not.  Please click "Like" if you so do and perhaps "Subscribe" if you would like to check back for additional blogs as they are reported. :)   http://www.203kworld.com

Brent Kluge disclose the REAL WORLD TRUTHS about the Problems & Pain Points with the FHA 203K.  We've all heard about FHA 203k Nightmares... here is an insider's look in 203k's, what to avoid, how to protect yourselves and other insights.

Brent Kluge explain helpful hints on how to structure your FHA 203k to position yourself for a refinance where you will drop your mortgage insurance and potentially lower your interest rate when your construction is complete!   Please click Like and/or Subscribe!

Feel free to ask a question in the comments section... I will answer! :)

HUD 203k Consultants - FHA renovation loans - Read about insider points for 203K consultants - should you use one, what to look out for, what they do.  Hud Consultants have been called Fee Inspectors - How much does a HUD Consultant cost?  What are their charges?  Do I need a HUD Consultant on my FHA 203k?

Click this link to check the Consultants in your State:

https://entp.hud.gov/idapp/html/f17cnsltdata.cfm

Legal/ Licensing

We are licensed in the following states:

Acre Mortgage & Financial, Inc.
70 East Main Street
Marlton, NJ 08053

NMLS ID #13988

Alabama - License Exempt

Colorado – Joe DiCriscio License #100021762

Connecticut - Acre Mortgage & Financial, Inc - ID 13988

Delaware - License # 7695 ‘Licensed by the Delaware Department of Banking’

Florida - License # CL0701446

Louisiana - Licensed as Acre Mortgage & Financial Inc., license # 2153

Maryland - Licensed as Acre Mortgage & Financial Inc., license # 11821

Massachusetts - Acre Mortgage & Financial, Inc-MC4066-broker

Mississippi - License # ML/000038/2010

New Jersey - NJ-L047853 - ‘Licensed by the NJ Department of Banking and Insurance’

North Carolina - License # L-128646

Pennsylvania - License # 21606-‘Licensee is licensed by the PA Department of Banking’

Tennessee - License # 0000002972

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Basic Overview

A reverse mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash.

Here are some basic facts:

• No repayment is required until the borrower(s) no longer use the home as their primary residence
• You must be 62 years of age or older
• You can use a reverse to purchase a primary residence
• You have five different payment options:

1. Tenure: equal monthly payments as long as borrower lives and continues to occupy property as primary residence.

2. Term: equal monthly payments for a fixed period of time.

3. Line of Credit: Unscheduled payments or installments, at timesand in amounts of your choosing until the line of credit is exhausted.

4. Modified Tenure: Combination of line of credit with monthly

5. Modified Term: Combination of line of credit plus monthly payments for a fixed period of time of months selected by the borrower.

*You can also receive a combination of some of these options .

*Please consult your reverse specialist for all your options.