Why use the 203K Renovation loan - with the new increase in FHA Mortgage Insurance?

The FANNIE MAE Renovation will became much more attractive in 2014:
 660 MidScore.
 Up to 95% LTV based on after improved value.
 About half the monthly MI payment you see with FHA.
 No HUD Consultant Required which saves money and makes the contractors much happier and the transaction much smoother.
 Quicker closings.
Did I mention, that Investors are allowed as well?

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