203K Mortgage Lender Introduces Loan Calculator to Help Borrowers with their Loan Renovation

Dec. 22, 2012 - PRLog -- A Unique Invention to Assist Real Estate Professionals, Homebuyers and Homeowners On The Basis Of Renovation Budget and Loan Transaction Details

With unique and helpful features for all its visitors, 203K Mortgage Lender recently launched an “FHA 203k Loan Calculator’. This feature helps professionals from the real estate industry and general homebuyers calculate estimated FHA renovation loan conveniently and without a fuss.

In order to obtain estimated results, visitors can use this ‘super easy’ loan calculator without any hassle. The calculator is easy to use and gives simple results for the user to understand easily. The borroweror R.E professional is required to insert details such as transaction information and refurbishment budget and the 203k calculator will show efficient estimated results for the user.

Proud with a unique feature like such, the spokesperson of 203K Mortgage Lender said, “the idea behind the ‘203k loan calculator’ was simple yet important. We wanted to provide our visitors a convenient way to calculate the estimated renovation and payment for their loan without seeking the help of a professional. The results obtained from calculations, help both professionals and buyers to take better and wise decisions with regards to their 203k loan. Having an idea of what they are getting into will enable them to take a beneficial decision.”

He continued, “The calculator is simple. With little details related to budget and transaction.  Visitors will be able to obtain results for the fees and cost related to the budget for renovation, the final FHA loan amount, cash required to close, down payment, FHA mortgage insurance, monthly payments for mortgage and the type of 203k loan you can expect. So, make the most out of this free calculator.”

203K Mortgage Lender features two types of calculators to benefit clients accordingly. ‘Refinance calculator’ for refurbishing or renovating a home already owned and a ‘purchase calculator’ for homebuyers. They both can be accessed from the website without any charges to attain desirable results on your loan transaction.

About 203kMortgageLender.com

203kMortgageLender.com is a website offering a lender directory. Since every lender is not FHA-approved, this service has compiled a list of lenders that can help you secure an FHA renovation home loan. You can find the right lender for your loan with only a few clicks. For more information, visit the website provided below.

Contact Details

Website: http://www.203kmortgagelender.com/