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During COVID-19 we are doing everything we can to keep you safe. We have implemented a no-contact inspection order which means we will do inspections as normal but instead of meeting at the property, our inspector(s) will be the only ones on site. Thank you for your patience and stay safe.

HUD 203K Consultants in NH

Many buyers choose to finance with FHA rehab loans for purchasing a foreclosed home or a home that’s in need of repairs and renovations. This loan allows the buyer to borrow money for repairs as part of the purchase price.

Benefits of Working with a HUD 203K Expert

Our certified Consultants are experts in the 203K Rehab loan.  Our HUD 203K Consultants help you navigate the entire complex process, from the initial feasibility inspection (with a complete cost estimate), to compiling all the documentation that the lender will need to process the loan.

The HUD 203K Process

Phase One: The Site Visit

  • Our Consultant meets with the borrower at the site
  • We provide the scope of work required

Phase Two: Preparing the Work Write-Up

  • Clear, concise project specifications
  • Construction cost analysis
  • HUD-required draw-request forms
  • Preparation of contractor bid packages
  • Preparation of lender packages

Phase Three: Delivering the Work Write-Up

  • Borrower
  • Lender
  • Contractors (chosen by the borrower)

Phase Four: The Loan Closes

  • The repair funds are placed in escrow
  • Remodeling begins

Phase Five: Draw-Request Inspections

  • Our Consultant ensures permits are issued
  • We perform draw-request inspections as work progresses
  • A final checklist is established
  • The project is closed out, warranties and lien releases are collected

Your Local HUD 203K Experts

The HUD Rehab process can be daunting and complex for home buyers. That’s why our HUD 203k Consultants are here for you. If your lender informs you that this is a valuable option in your situation, just reach out to Advanced Home Inspections. We’re experienced and certified in the HUD 203k loan, and we can make the process smooth and painless for any buyer. Don’t stress, call us today!

Back out? Quit? We might have, if not for David Cassavaugh’s professional guidance in purchasing our HUD foreclosure with 203(k) financing. He has been “right there” cordially, patiently, and promptly assisting us in dealing with real estate and mortgage brokers and contractors and the myriad details of what would otherwise have been an overwhelming undertaking.

Norm and Doris P., New Hampshire
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