Mike's 203k Blog

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203k loans, the hottest renovation loan product on the market. Offering quick closings on homes that require repairs.



Construction & Demolition waste management FEE Concord, CAThe Building Department of Concord, CA requires a refundable C&D waste management deposit of $2,400. on a project we are doing there which requires 50% of construction or demolition materials have to be kept out of the landfill. Isn't that...
The guideline allows a consultant to charge what is common and typical for that service area.There seems to be some confusion on this issue as when the "new guideline" and that is all it is, a guideline, came out it hadn't fully addressed our draw inspection fees. There are several other issues t...
I find it arrogant when a lender requests demands an invoice for each draw inspection. We point out the guideline to them only to have them say something like "if you want to get paid, you will fill out an invoice". It is an extra step, they add to the process. If they actually read that guidelin...

Mike Young

FHA 203k Consultant 916-758-1809
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