The Lost City of "K"

During the 1920’s a mythical city “Z”, was reported to be hidden in the Amazon. Rumors of this city lead many explores to risk it all and try and find this city. For every explorer that never returned, the legend only grew. Col. Percy Fawcett, a legendary British explorer, allegedly heard about this city in the early 1900s and went to Rio de Janeiro to learn more, but never found the city. Instead, in 1925, Fawcett, his son Jack, and Raleigh Rimell disappeared in the Mato Grosso region of Brazil while searching for "Z".

Like the lost city of “Z”, the 203K loan program remains a myth for most borrowers. Because of the built-in bias previously described, most mortgage brokers and real estate agents want nothing to do with these loans, so, their loan volume is only a tiny trickle compared to conventional FHA loans.

However, unlike the lost city of “Z”, they do exist; the challenge is knowing the process and working with the right people to make the process work for you.

BuildSmart can help you find the Lost City of "K" - where these loans really DO exist and can be put to work for you. Contact us today for more information.