Class 3 CE


25 Oct

FHA 203K & Fannie Mae Renovation

FHA 203K & Fannie Mae Renovation

Wednesday, October 25, 2017 (9:00 AM to 12:00 PM)
3.00 CE Hours
IFREC, Orlando, Florida

ORRA Member Pricing: $10

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FHA 203k & Fannie Mae Renovation
ORRA Member Pricing: $10
Instructor: Andy Wood

Increase sales & market share
The Section 203(k) program is HUD's primary program for the rehabilitation and repair of single family properties and an important tool for community and neighborhood revitalization and for expanding homeownership opportunities. Learn about the full FHA 203k and Fannie Mae HomeStyle Renovation programs will help you increase your business immediately by closing properties "AS-IS" with only 3.5%-5% down from the total loan amount. 

Gain an in-depth understanding of:
• Fannie Mae HomeStyle Renovation can be used for 2nd homes, investment properties, and Fannie Mae approved condos with only 5% down on primary home residence, 10% on second home, and 20%-25% down for investment properties
• No limit to the amount of repairs
• FHA 203k allows limitless repairs including structural repairs, room additions, garages, rood replacement, correct illegal additions, HVAC, and termite damage!

CANCELLATION/NO-SHOWS
Cancellations not received within two (2) days prior to class start time will result in the forfeiture of the registration fee.  Cancellations can be made through ORRA’s Professional Development Department at 407.513.7268 or email at  education@orlandorealtors.org

IFREC - Palm Room
IFREC (Palm Room)
5019 Edgewater Drive
Orlando, FL 32810

Map & Directions

Andy Wood
Andy is one of the Top Originators of FHA 203k Renovation Loans in the Country for over 20 years. He is a HUD Certified 203k Instructor and approved with the State of Florida to teach FHA 203k Continuing Education. Since 1992, Andy Wood has personally originated and closed over 2,000 FHA 203k loans, 4,600 purchase transactions, and managed over 5,600 FHA 203k renovation loans. He teaches Real Estate Professionals how to increase sales and listings using this program!

CANCELLATION/NO-SHOWS
Cancellations not received within two (2) days prior to class start time will result in the forfeiture of the registration fee. Cancellations can be made through ORRA’s Professional Development Department at 407.513.7268 or email at education@orlandorealtors.org