I help borrowers and lenders plan FHA 203(k) rehabilitation projects, prepare the Work Write-Up, review proposed repairs and costs, and complete draw inspections. A consultant is required for Standard 203(k) and optional for Limited 203(k).
Start your 203(k) project
Download the documents, gather your project information, and return here to submit your package for review.
1. Give the bid sheet to your contractor
Download the blank bid sheet and give it to your contractor. Ask your contractor to complete the applicable work categories, describe the proposed work, and list labor and material costs separately. Your contractor may also download the blank bid sheet directly from this page.
2. Complete and sign the agreement
Download the consultant agreement and open it in Adobe Acrobat Reader or another compatible PDF application. Complete the project fields, then sign and save the PDF. Digital signature fields are provided, or you may print, sign, and scan the completed agreement as a PDF.
3. Return here and upload your completed package
After your contractor returns the completed bid sheet, complete the client, property, lender, and contractor information below. Upload the completed bid sheet and signed agreement, then select Submit project for review. Real estate agent information is optional.
I will review your package and contact you about the next step. We will discuss the initial property visit, proposed scope of work, and draw inspections.
203(k) Project Intake and Document Upload
Return your completed contractor bid sheet and signed agreement with the project contacts below.
Major Program Totals and Changes:
Limited 203(k) rehabilitation cost limit:
The total rehabilitation cost limit is $75,000. HUD reviews the limit annually; an increase is not automatic. Limited 203(k) is intended for minor remodeling and nonstructural repairs.
Standard 203(k) completion period:
The lender establishes the completion period based on the Work Write-Up, up to a maximum of 12 months.
Limited 203(k) completion period:
The lender establishes the completion period based on the Borrower Contractor Agreement, up to a maximum of 9 months.
Mortgage payment reserve (Standard 203(k)):
The lender may establish a financeable mortgage payment reserve for the period the property cannot be occupied, up to 12 months, without exceeding the agreed rehabilitation completion period. Twelve payments are not automatic.
Limited 203(k) occupancy restriction:
Repairs that prevent the borrower from occupying the property for more than a total of 30 days during rehabilitation are not eligible under Limited 203(k).
Limited 203(k) contractor draws:
Effective June 23, 2026, the lender may approve up to four draws per contractor: an initial draw at closing, up to two intermediate draws, and a final draw. See HUD Mortgagee Letter 2026-06.
HUD maximum Work Write-Up fees:
The following limits cover preparation of the Work Write-Up and review of architectural exhibits. Feasibility studies, draw inspections, change orders and eligible mileage are separate services. My charges are stated in the fee agreement.
- Up to $1,000 fee for repairs of $50,000 or less
- Up to $1,200 fee for repairs between $50,001 and $85,000
- Up to $1,400 fee for repairs between $85,001 and $140,000
- Up to 1% of repair costs or $2,000 (whichever is lower) for repairs over $140,000
- Limited 203(k) permits financing of the consultant fee, subject to HUD limits and lender requirements. A separate feasibility study is not a financeable cost under Limited 203(k).
Please call me to discuss anything that does not fit the above scenarios. 601-454-5559.