Where can I find a lender who does FHA title 1 loans?
by Ellen C
(Chester Springs, PA)
Where can I find a lender who does FHA title 1 loans in PA?
Hello Ellen,
Your question is a good one and I must say, finding lenders that will do a FHA property improvement loan is like trying to find a needle in a haystack.
First of all you need to be sure that the Title One loan is what you need. So please read over the page referred to on the link above.
Also, you may want to talk with your local banks about this subject. The FHA Title One loan is really an insurance policy to the lender so they can lower their risk in case of a default.
I did a little research for you at the HUD.Gov website and came up with a list of 52 lenders. I do not know if they are in your area or not, but they are in PA.
I hope this helps. Please be sure and help me build my web presence by paying it forward and tell others about my site and the valuable information found here.
What a great question!!! I was wondering where to look for these lenders and now have a resource to find them. Thanks so much for this great question and answer!
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