Twenty-year lending industry veteran Joe Daly knows quite a bit about FHA's Streamlined 203(k) loan program... it makes sense that when he decided to work with a home improvement retailer for his borrowers' Streamlined 203(k) renovations, he made the decision to work with Lowe's and REbuildUSA...

WASHINGTON - In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Federal Housing Administration (FHA) Commissioner David H. Stevens today extended FHA's temporary waiver of the agency's 'anti-flipping rule.'  

For all of us at REbuildUSA, 2010 seemed to fly by at lightning speed as we spread the "203k Gospel" and continued building the infrastructure to support our growing program. Along with our friends at Lowe's, we traveled the country sharing our REbuildUSA dream with thousands of professionals throughout the real estate and mortgage industries. As 2011 comes to life, we begin our journeys again bringing new 203k Specialists onboard to help the many people contacting us everyday looking for someone to help them make the most of the power of the FHA 203k.

By Stephanie Andre

RISMEDIA, January 5, 2011—There are times in life when we all need a little bit of help. Whether you’re a first-time home buyer or someone looking for a fresh start, today’s market can be challenging; however, it is also ripe with opportunity and possibilities. That’s where Lowe’s comes in to lend a helping hand.

RISMEDIA, September 17, 2010—In today’s housing market, many homes for sale are in need of repairs and renovations. The FHA Streamlined 203(k) program helps add money into a mortgage for repairs and renovations. Lowe’s and REbuildUSA are partnering to bring a national in-store program offering customers a one-stop destination for all of their repairs, renovation products and services needs.

Although we've been delivering many live education sessions at various industry events since last November, our team is gearing up for a series of free live events presented to real estate professionals nationwide.

In my travels across the country, I often talk about the "Perfect Storm" of opportunity that's now available to millions of Americans through the use of the FHA 203k Renovation Loan Program. And now with the support of our Project Portal™, professional members and partners at REbuildUSA, it's much easier than ever before for people to take advantage of these great opportunities.

... What's important to recognize is that while what we offer here at REbuildUSA is an ideal solution for many of these distressed properties, the 203k and other renovation loans are not just for REO's and short sales.