Just the other week I wrote a blog, “Myths about the FHA 203k.” Since then another misconception has come to mind regarding 203k contractors. Many people want to know whom they have to use and if they need to have a special certification to work on FHA 203k projects.
The answer is NO. Neither HUD nor the Federal Housing Administration (FHA) require any kind of special certification or training in order to be eligible to work on a 203k project.
As a lender we do not recommend contractors as it is the job of the buyer or … (3 comments)
My blog is here to provide information regarding FHA 203K loans and conventional renovation loans for both purchase and refinance. Updates, tips and advice regarding these loans and the industry is what you will find on this blog!
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