{"id":66,"date":"2022-09-21T04:54:39","date_gmt":"2022-09-21T04:54:39","guid":{"rendered":"https:\/\/mhschaefer.com\/?page_id=66"},"modified":"2023-11-29T13:01:39","modified_gmt":"2023-11-29T18:01:39","slug":"203k-consulting","status":"publish","type":"page","link":"https:\/\/mhschaefer.com\/services\/203k-consulting\/","title":{"rendered":"203K Consulting"},"content":{"rendered":"\n

203K Consulting<\/h1><\/div>\n\n\n\n

A 203k loan is a renovation loan that allows homebuyers to finance both the purchase of a home and the cost of repairs, into one single mortgage. Homeowners can also finance the rehabilitation of their current home. Limited 203k (formerly known as a streamline) will allow you to repair minor work, such as kitchens and bathrooms.  Standard 203k can finance major renovations, including structural changes, and additions.<\/p>\n\n\n\n

What Types of Homes are Eligible?<\/h2><\/div>\n\n\n\n
    \n
  • Single-family<\/li>\n\n\n\n
  • Multi-family (up to 4 units)<\/li>\n\n\n\n
  • Condos (if they\u2019re FHA approved) and only interior repairs are allowed.<\/li>\n<\/ul>\n\n\n\n

    What Does the Consultant Do?<\/h3><\/div>\n\n\n\n
      \n
    • Evaluate systems of the home and outline safety or structural issues that will be required to be repaired.<\/li>\n\n\n\n
    • Review bids from the contractors.<\/li>\n\n\n\n
    • Create the initial work write-up and SOR.<\/li>\n\n\n\n
    • Provide documentation that repairs are complete so funds can be disbursed.<\/li>\n\n\n\n
    • Ensure the repairs are being done on time and professionally.<\/li>\n<\/ul>\n\n\n\n

      Examples of Types of Repairs<\/h2><\/div>\n\n\n\n
        \n
      • Interior\/exterior repairs<\/li>\n\n\n\n
      • Mechanical improvements<\/li>\n\n\n\n
      • Structural changes<\/li>\n\n\n\n
      • Additions<\/li>\n\n\n\n
      • Septic improvements<\/li>\n\n\n\n
      • Landscaping<\/li>\n\n\n\n
      • Site, grading, or drainage improvement<\/li>\n\n\n\n
      • Accessibility upgrades<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

        203K Consulting A 203k loan is a renovation loan that allows homebuyers to finance both the purchase of a home and the cost of repairs, into one single mortgage. Homeowners can also finance the rehabilitation of their current home. Limited 203k (formerly known as a streamline) will allow you to repair minor work, such as […]<\/p>\n","protected":false},"author":1,"featured_media":4991,"parent":74,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"page_type":[13],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6},"page_title_panel":"","has_hero_section":"default","a4e22cc4d491904b281cdee62ae9cda2":"","hero_section":"type-1","hero_elements":[{"id":"custom_title","enabled":true,"heading_tag":"h1","title":"Home"},{"id":"custom_description","enabled":true,"description_visibility":{"desktop":true,"tablet":true,"mobile":false}},{"id":"custom_meta","enabled":false,"meta_elements":[{"id":"author","enabled":true,"label":"By","has_author_avatar":"yes","avatar_size":25},{"id":"post_date","enabled":true,"label":"On","date_format_source":"default","date_format":"M j, 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        203K Consulting A 203k loan is a renovation loan that allows homebuyers to finance both the purchase of a home and the cost of repairs, into one single mortgage. Homeowners can also finance the rehabilitation of their current home. Limited 203k (formerly known as a streamline) will allow you to repair minor work, such as kitchens and bathrooms.  Standard 203k can finance major renovations, including structural changes, and additions. What Types of Homes are Eligible? Single-family Multi-family (up to 4 units) Condos (if they\u2019re FHA approved) and only interior repairs are allowed. What Does the Consultant Do? Evaluate systems of…<\/p>\n","category_list":"","author_info":{"name":"Brendan","url":"https:\/\/mhschaefer.com\/author\/brendan\/"},"comments_num":"0 comments","acf":[],"_links":{"self":[{"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/pages\/66"}],"collection":[{"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/comments?post=66"}],"version-history":[{"count":4,"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/pages\/66\/revisions"}],"predecessor-version":[{"id":572,"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/pages\/66\/revisions\/572"}],"up":[{"embeddable":true,"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/pages\/74"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/media\/4991"}],"wp:attachment":[{"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/media?parent=66"}],"wp:term":[{"taxonomy":"page_type","embeddable":true,"href":"https:\/\/mhschaefer.com\/wp-json\/wp\/v2\/page_type?post=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}