HUD Approved GC for 203K
Could someone please post a site where I could get a list of 203K approved General Contractors. I believe one needs 3 bids by approved GCs on a job as part of the 203 K loan process. Perhaps some Brownstoners can recommend a few GCs as well. thanks –
Could someone please post a site where I could get a list of 203K approved General Contractors. I believe one needs 3 bids by approved GCs on a job as part of the 203 K loan process. Perhaps some Brownstoners can recommend a few GCs as well. thanks –
I am beginning the 203K process as well. My understanding is that the contractor just needs to be licensed and your 203K consultant signs off on their bid. That said it would be helpful to have a GC who is familiar with the process.
We went through a broker as well. We used Fort Funding and Tim Hyland is our guy. Can’t recommend him enough. He has been outstanding throughout the entire process. We have been at this for a year and change and he stuck with us through several offers and now we finally have one in contract.
Thanks fire alarm guy. please let me know how things turn out. This info about 3 bids I got from a mortgage broker who specializes in 203K loans. I have not read this in my research, but this is what he told me. His company is called Power Express. No idea about him or this company. Who did you apply for your loan though (mortgage broker?) thanks so much- toro
I’m currently working with Bullfrog builders who are extremely knowledgeable on 203Ks and are currently doing several. I can’t give them a rec as the work hasn’t started yet but so far so good. I don’t know where you’re getting the 3 quotes requirement from though.I am well into the process and have never heard that.