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MMC FHA Full 203K Contractor ProfileResume Report  Form

MMC FHA Full 203K Contractor ProfileResume Report Form

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[Music] [Applause] [Music] [Applause] [Music] hi folks I'm Brent cluggy with 203k world.com video blogs today's topic is selecting your contractor for your 203k um it doesn't matter where your 23k project is what part of the country you are going to have to make the selection for your contractor nine times out of 10 your lender has potentially a list that is a preferred uh contractor list or approved contractor list but this is not the end all be all you should select your own contractor uh the truth is the lender should not want to refer contractors to you for liability reasons um find your own contractor do your due diligence here's a few things to consider and some of the laws that need to be looked out for first thing is there should be some consideration as to whether your project is a streamline 203k or a full 203k on the Streamline 203k with a renovation below $30,000 total 35 total renovation but that's about 30 for the contingency and su

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