“Unfortunately, No”
Hi Joe
Quick question - On the loans that you mentioned is there any chance we can GC ourselves?
We are struggling with getting pricing from GC's but Jan and I have a lot of experience and contacts in the business and would be able to successfully Oversee the project. Please let us know ASAP.
Thanks.
Even though we have a couple of lenders that will allow someone to build their own home it can’t be done for a FHA 203K loan. There are a couple of minor exceptions, but it does not apply in this situation.
Lenders are always looking for third party licensed contractors. If there is ever a problem they don’t want the problem to involve the borrower.
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