Select Property Solutions, LLC

Select Property Solutions, LLC
A Full Service Real Estate & Property Management Company
Allow us to find your perfect match!

352 Amanda Dr.
Gray, GA 31032
Office: (478) 719-4535
Fax: (478) 986-8021

Call Rick or Ann Tipton
Rick Cell: (478) 719-4535 or Ann's Cell: (478) 719-4544
Email: or

Tuesday, March 1, 2011

FHA 203K Streamline loan Update

Hello Friends

My friend Patrick Spencer at Envoy Mortgage tells me they have updated guidelines on the FHA 203K Streamline loan that allows up to $35,000 in repairs.

It is now possible to do HUD REO’S on this program with $100.00 down and add repairs over and above the sales price, as long as the appraisal comes in for sales price plus repairs. This is on HUD REO’s for the $100.00 down.

640 credit scores are required.

Let Pat if you need help or answers any questions. Keep in mind they only do the FHA 203K Streamline loan.


Rick Tipton
Your Middle Georgia Realtor