I was recently interviewed by the National Association of the Remodeling Industry's writer for its series Tuffin’ It Out. The article, "Market yourself as a qualified 203(k) contractor," focuses on how contractors should take time to contact 203(k) lenders like myself to gain 203(k) approval and then use that designation as part of their marketing plan. If you were to ask ten 203(k) lenders who is their focus of attention when originating 203(k) loans, I believe most would say "realtors," followed by "borrowers." I would agree that these two pieces of the pie are extremely important, but there is a vast network of contractors and construction vendors who are sitting on a gold mine of potential deals but have little or no understanding of the program. Take a look at the article, and for more details on the 203(k), visit my website — 203kkc.com — for more information.
Thanks again to the NARI staff and its more than 8,000 members for allowing me to contribute to the series.
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