George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut

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Mortgage and Lending - George Souto NMLS #65149 FHA, CHFA, VA Mortgages - NMLS #65149

ARCHIVED BLOG POSTS

2011 

Below are a few ideas for customizing a home with a Connecticut Housing Finance Authority (CHFA) FHA 203K Loan that a Borrower might consider, and are allowed as repairs and improvements are: Installation of an additional bath Remodeled kitchen with new appliances Roof, gutter and downspout Floor...
07/07/2011
Connecticut Housing Finance Authority (CHFA) FHA 203K Loan Programs require that the Borrower have a General Contractor (GC) overseeing the day-to-day rehabilitation work at your home.  So we recommend that the Borrower consider the following items when selecting a GC of your choice: Check refe...
07/06/2011
In the last blog in this series I explained the two Appraisals that may have to be done during the approval process for a Connecticut Housing Finance Authority (CHFA) FHA 203K Loan Program.  In this blog I will cover the "Disbursement of Funds" (Draws) after the Loan Closes. Immediately after you...
07/05/2011
My wife and I will be taking off in a little bit to spend the day with several of our friends at a picnic.  It is something that we look forward to every year, because there never seems to be enough times for all of us to get together.  There will be lots of good food and games, but just spendin...
07/04/2011
Yesterday we looked at the new Connecticut Housing Finance Authority (CHFA) FHA 203K Loan Program Process.  We looked at the steps involved from the time the Borrower contacts the Loan Officer to be Pre-Approved to Applying for the Connecticut Housing Finance Authority (CHFA) FHA 203K Loan to the...
07/03/2011
Now that we know what the Guidelines are for the Connecticut Housing Finance Authority (CHFA) FHA 203K Loan Program, we need to learn about the process.  At first it may seem like an easy process to apply for loan and rehab a home, but there are several steps that must be followed along the way. ...
07/02/2011
Yesterday I started the series of blogs that I will be doing on the new  Connecticut Housing Finance Authority (CHFA) FHA 203K Loan Program with an introduction blog to the program.  Today I will go into some of the guidelines that a Borrower, and property will have to meet in order to qualify fo...
07/01/2011