HUD 203k Loans Explained: What Buyers & Borrowers Need to Know
- George Rapciewicz
- Jul 4
- 1 min read
If you're planning to purchase or renovate a home that needs work, the HUD 203k program could be the perfect solution. This FHA-backed loan allows borrowers to finance both the home purchase and the renovation costs into a single mortgage.
There are two types of HUD 203k loans:
- Limited 203k: For cosmetic and minor repairs (under $35,000)
- Standard 203k: For structural or more complex renovations
Why You Need a HUD 203k Consultant:
As a certified consultant, I help borrowers and lenders stay HUD-compliant by:
- Inspecting the property and identifying eligible repairs
- Assisting with contractor scopes and bid validation
- Conducting draw inspections and report submissions
📍 Serving Temecula, Murrieta, and surrounding areas.
Contact us: 650-489-2592
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