FHA 203K CONTRACTOR
Certified 203K Contractor – Bonded & Insured
CMD is among a select group of approved contractors to be listed on the National Directory of Certified 203K contractors for the FHA 203K loan. We have worked with buyers, borrowers, lenders, and real estate agents who are in need of a Certified 203K Contractor.
We thoroughly understand the entire process and work directly with 203K lenders and consultants.
A 203K loan is the only permanent mortgage loan that permits a buyer to acquire a home that doesn’t meet minimum HUD guidelines and provides funds for post purchase renovations. The purchaser/borrower only has to qualify for one loan which will cover both the purchase prices plus renovations. This is not only simpler than obtaining two separate loans but also eliminates the chance a purchaser/borrower will have difficulty securing a long-term mortgage once the renovation is complete.
A 203K mortgage provides the two portions of financing required for a fixer-upper in ONE step:
- Acquisition of property
- Funding of renovation
As a 203K contractor CMD will create the perfect space for you. We will support you throughout the entire process. Our team of skilled craftsman, sub-contractors will turn your new or existing home into your dream home.
If you want to work with a professional contractor experienced in working with FHA 203K lenders and consultants, CMD is your solution.