Simply put "purchase or refinance money with money to fix up your home, or small income units, all in one "low interest" loan.
We are one of the largest consultants in the USA. We work with you to create a viable scope of work then actually bid the job for you. This puts you in the driver's seat when negotiating with your contractor(s).
Simply put "purchase or refinance money with money to fix up your home, or small income units, all in one "low interest" loan.
We are one of the largest consultants in the USA. We work with you to create a viable scope of work then actually bid the job for you. This puts you in the driver's seat when negotiating with your contractor(s).
We also provide 203k consultant training & software for consultants This is the best training you will get anywhere. Our Award Winning software is intuitive and easy to learn. If you are a consultant you may qualify for FREE Consultant Software. 203k inspections, construction, inspections, and real estate consultant
Our Southern CA office speicalizes in new construction. Need a good contractor in Moreno Valley or SF Bay Area, we can work with your architect or we can help provide that service too.
We have good contractors all over the USA and can do new construction as well.
The Mike Young Team of 203k consultants has been providing 203k & HomeStyle® inspections since 1994. Experience counts. A proven effective team over and over again. Use the "order consultation services here" link below to place your order and get the process started.
NEW CONSTRUCTION ROOM ADDITIONS, REMODELING, UPDATING, DECK FINANCING, ETC. WE DO IT ALL.
Lenders - We come to you and train your staff to close renovation loans faster than the competition. How would you like to close renovation loans faster?
FHA 203k Consultants - We have the best consultant training in the business. Learn how to be a 203k consultant and a consultant for several other programs. Did you know there is a VA Renovation loan that requires the use of a 203k consultant.
Contractors - Learn how you can increase your business volume. We will show you how to access more business than you thought was available to bid on. We'll even show you how to make money every time you bid a job.
Our radio show was every Sunday, you can view the podcasts here.
1) Can we get money up front for my 203k project? Yes and no, many lenders are now allowing you to get a 10% payment at close of escrow but not all lenders participate. You will need a W9 from the supplier and an invoice from that suppler for most lenders. For FHA projects you can get up to 50% for materials with a purchase contract from your supplier. That check will be made to the supplier.
HomeStyle® Renovation Mortgage not so hard. Many lenders will offer a 10-20% up front payment. We had a large project with construction costs over $500,000 and were able to get a 10% up front payment to the contractor.
2) Can we get money to pay for the cabinets when we order them? Yes, you can get a 50% deposit with your FHA 203k loan there is no such provision for HomeStyle loans though some lenders are allowing it, one is allowing up to 10-20% up front to get started.
3) How do I fire my contractor? This would always be a last resort. Not an easy thing to do and you should contact an attorney. For the short answer go to https://203konline.com/203k-911 203k 911 is here to help you.
4) Where do I find the FHA maximum mortgage amounts for my county? Click here