Home Services Direct

If you’re looking to simplify and streamline your home rehabilitation, we’re here to help. Just follow these steps to make the process simpler.

1) Find a Federal Housing Administration approved lender. Once you’re pre-approved for a 203(k) loan, you’ll have the funds needed for the purchase and repair costs.

2) Pick Home Services Direct as your contractor. We’ve got over 25 years of experience in the industry and we fully understand the 203(k) program. Our specialists will also be able to advise you on mandatory repairs and repairs that will boost the value of your home.

3) Find a “fixer-upper” property and make an offer. Your real estate professional will be able to help you with feasibility analysis. Make sure the contract states that the buyer is seeking a 203(k) loan and that the contract is contingent upon loan approval.

4) Appraise the property. We’ll be able to help you with that, plus you’ll need a scope of work and estimate of costs in order to get credit for all the work planned.

5) The loan is approved and closed. However, make sure the loan has a contingency that includes up to 20% of the total costs in case an unplanned issue arises during construction.

6) Begin construction and payments after closing. Remember that you can opt to have a maximum of 6 months of mortgage payments put into the cost of rehabilitation if you’re not planning on living there during construction.

7) Disbursement and payment of loan funds. These escrowed funds will be released to Home Services Direct in a series of draw requests for completed work. To ensure completion, 10% of each draw will be held back. The funds will be paid back after the lender determines that there are no liens on the property.

8) Celebrate your new dream home. It’s time to show it off to your friends and family and start enjoying it!

Contact us today for more details.

Get a Free QuoteRequest a bid for your project

Inside and out, your home is an extension of your personality and lifestyle. We'll help it reach its full potential.

learn more here

By upgrading your kitchen, not only will you add equity into your home, but you'll gain timeless elegance and supreme functionality.

learn more here

Whether it's a master bath or powder room, our expert design team will help you to maximize comfort and serenity.

learn more here

Don't Take Our Word For It, Our Satisfied Clients Say It All

Check out the testimonials from our happy customers below

Serious Service

We are very happy with the final results and would recommend Home Services Direct to others looking for renovation work

We used Home Services Direct for an array of projects, with the largest being the installation of a dry-bar. In addition to the dry-bar, we also had a pocket door & two barn doors, a new kitchen sink …Read More

Colleen & Janae

Great Value

We had a great experience with Home Services Direct from start to finish

We had a great experience with Home Services Direct from start to finish. We found the entire team very professional and they took great pride in their work to achieve perfection. The project was over…Read More

Lisa and Randy

Serious Service

We are very happy with the final results and would recommend Home Services Direct to others looking for renovation work

We used Home Services Direct for an array of projects, with the largest being the installation of a dry-bar. In addition to the dry-bar, we also had a pocket door & two barn doors, a new kitchen sink …Read More

Colleen & Janae
uxicached