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Essex Mortgage Presents 203k’s Name Account Executive essexmortgage. com.

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Presentation on theme: "Essex Mortgage Presents 203k’s Name Account Executive essexmortgage. com."— Presentation transcript:

1 Essex Mortgage Presents 203k’s Name Account Executive Phone @ essexmortgage. com

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7 203K Fees for a Standard -Feasibility Study $175.00* (you can view a sample of this study on line) -Appraisal $450.00* -HUD Consultant (full 203K’s only) $900-1200** -Title Update Fees $100-250 -Plans/Permits (Vary if needed) * Up front fees charged to the borrower ** Negotiated with the HUD Consultant, usually 25-50% up front and the rest funded at close.

8 To get started, go to: www.essexwholesale.com

9 Next, complete 203K calculator. Complete the calculator fields first, then Complete your contact information and submit. An Essex Mortgage specialist will contact you to discuss your project.

10 How to submit Complete the 203K Loan Submission Form Upload Credit Documentation. Register loan on LEAP and Upload 3.2 file. Loan Submission Form

11 Streamline Step by Step Guide

12 Streamline Step by Step Guide cont.

13 Streamline Step by Step Guide (cont.)

14 Standard Step by Step Guide

15 Standard Step by Step Process cont.


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