Essex Mortgage Presents 203k’s Name Account Executive Phone @ essexmortgage. com.
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Transcript of Essex Mortgage Presents 203k’s Name Account Executive Phone @ essexmortgage. com.
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203K Fees for a Standard
-Feasibility Study $175.00* (you can view a sample of this study on line)-Appraisal $450.00*-HUD Consultant (full 203K’s only) $900-1200**-Title Update Fees $100-250-Plans/Permits (Vary if needed)
* Up front fees charged to the borrower** Negotiated with the HUD Consultant, usually 25-50% up front and the rest funded at close.
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Next, complete 203K calculator.
Complete the calculator fields first, then
Complete your contact information and submit.
An Essex Mortgage specialist will contact you to discuss your project.
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How to submit
Complete the 203K Loan Submission Form
Upload Credit Documentation.
Register loan on LEAP and Upload 3.2 file.
Loan Submission Form
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Streamline Step by Step Guide
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Streamline Step by Step Guide cont.
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Streamline Step by Step Guide (cont.)
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Standard Step by Step Guide
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Standard Step by Step Process cont.