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Streamline FHA 203(k)

I’ve been asked this a number of times here in the last 2 months or so, and since I’m preparing to do my second FHA Streamline 203(k), here are the basics of how it works (from HUD). MORTGAGEE LETTER 2005-50 December 29, 2005 TO:                 ALL APPROVED MORTGAGEES, ALL APPROVED APPRAISERS SUBJECT:    Enhancements to “Streamlined…Read the Rest of Article

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