Requirements for 203k Consultants

limited 203k program

To apply for placement on the FHA 203(k) Consultant Roster, an applicant must submit the information listed below to the HOC in the area in which he/she will be conducting business. For detailed information on how to become an approved 203(k) Consultant, refer to Single Family Handbook 4000.1, Doing Business with FHA.

The application information should be submitted in the following format. A list or resume documenting:

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HUD Extends Disaster Foreclosure Moratorium

203k consultant software

On October 20 2017 the Federal Housing Administration (FHA) published Mortgagee Letter 2017-15, Extension of Initial Disaster Foreclosure Moratorium for Properties in Specified Areas Impacted by Hurricanes Harvey, Irma, and Maria. This Mortgagee Letter (ML) communicates specific guidance for the extension of the foreclosure moratorium for FHA-insured properties in the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA)-designated Individual Assistance Areas that are located within the Presidentially-Declared Major Disaster Areas for Hurricanes Harvey, Irma, and Maria. The extension of these three initial moratoriums applies to the initiation of foreclosures and foreclosures already in process.

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Best 203k Consultant Application

Today, we love being connected to the Internet. Whether we’re at work or play, being connected with friends and family is practically a necessity. In addition, many of us want to manage our finances and our home lives online as much as possible. For this reason and many more, we are offering the opportunity to manage 203K HUD loans online – from any device you own. How can this help? Let’s take a look at some of the reasons why managing these loans online can benefit everyone involved in the transaction…
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Easy 203K Professional: The Ideal Software for HUD Consultants and Real Estate Agents

FHA 203k loans are those offered by FHA (Federal Housing Administration), a government agency. The aim of these loans is to encourage financial institutions to finance seemingly risky mortgages. This loan was also created in order to revitalize neighborhoods and increase home ownership opportunities.

Increased Profitability

The best part about this software is that you do not have to struggle to manage your 203k project because there is an online program to help you do that. Apart from assisting you to manage your projects, the software can increase your productivity and profitability. This is not your typical software that is available for download and installation. It is a service that is available through the internet. As long as you have a good internet connection, you can use a connected device to access the service from anywhere in the world.
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Managing Residential Rehab with 203k Consultant software

HUD consultants who manage residential rehab projects need to stay on top of every detail 24/7. Every project manager knows that even the best developed rehabilitation plans face potential snags.
Tearing out a basement wall to remediate mold or water damage often reveals unexpected — and unbudgeted — wiring and plumbing issues. Replacing inefficient windows could lead to more extensive build-out to accommodate modifications necessary for varied sizes, shapes or architectural integrity.
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FHA Appraisals and How They Can Affect Your Work Write Up

Like the 203k Consultant, the FHA Appraiser has the obligation and duty to call out any and all “Health and Safety” issues they discover during their investigation of the subject property. In the event you have already completed your Specification of Repairs (“SOR”), and the appraiser discovers any health and safety issues you failed to disclose on your SOR, you will be obligated to amend your SOR to include these items.

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203k Software January Newsletter

January 2015

203k IN THE NEWS

FHA Appraisals and How They Can Affect Your Work Write Up

Like the 203k Consultant, the FHA Appraiser has the obligation and duty to call out any and all “Health and Safety” issues they discover during their investigation of the subject property. In the event you have already completed your Specification of Repairs (“SOR”), and the appraiser discovers any health and safety issues you failed to disclose on your SOR, you will be obligated to amend your SOR to include these items.
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203k Software now using secure connection

You may have noticed that the website now shows “http://” before “www.easy203kpro.com”.

Starting Sept 25 the entire www.easy203kpro.com site is using a Secure Socket Connection (SSL) when users connect from their computers. This type of connection ensures that no information sent back and forth can be intercepted. All logins and project information is safe.

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203k Consultants

HomeBuyers and Real Estate Professionals

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