Class 3 CE


16 May

FHA 203K Renovation Plan

FHA 203K Renovation Plan

Monday, May 16, 2016 (1:30 PM to 4:30 PM)
3.00 CE Hours
Orlando Regional Realtor Association, Orlando, Florida

You're Registered!
FHA 203k Renovation Plan: Economic Stimulus for Your Business
Instructor: Andy Wood

Increase sales and 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 residence, 10% on second homes, and 20%-25% down for investment properties
• No limit to the amount of repairs
• FHA 203k allos limitless repairs include structural repairs, room additions, garages, roof replacement, correct illegal additions, HVAC, and termite damage!

CANCELLATION/NO-SHOWS
$25 fee for free classes or forfeiture of registration fee for cancellation within 3 days of course date or for no shows. If you wish to cancel your education class or course registration, please contact ORRA’s Professional Development Department at 407.513.7268 or e-mail education@orlandorealtors.org. Thank you.

Orlando Regional Realtor Association - Conference Center
Orlando Regional Realtor Association (Conference Center)
1330 Lee Road
Orlando, FL 32810

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