By Patrick Schutte, Certified Foreclosure Specialist, on April 9th, 2007 
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Print This Post 203(b):FHA’s single family program which provides mortgage insurance to lenders to protect against the borrower defaulting; 203(b) is used to finance the purchase of new or existing one to four family housing; 203(b) insured loans are known for requiring a low down payment, flexible qualifying guidelines, limited fees, and a limit on maximum loan amount.
203(k): [...]
Posted by Patrick Schutte, Certified Foreclosure Specialist 
April 9, 2007, 3:12 pm
