Title 1 Loans -> are they the same as 203K loans? - Posted by Jill - NJ


#1

Posted by Jason-DTX on November 03, 1998 at 11:02:03:

A 203K loan is a purchase money loan that includes improvement money. A title one loan is only for improvements.
You should use the title one loan since you already own the house.
Jason


#2

Title 1 Loans -> are they the same as 203K loans? - Posted by Jill - NJ

Posted by Jill - NJ on November 03, 1998 at 10:01:05:

We are looking at getting a Title 1 loan on our primary residence. Is this the same as the 203K you are discussing here?

Thanks,
Jill