PRICING

On average, 85% of the total time invested in a 203k project is spent writing the reports or putting together the draw inspection paperwork. By paying us just a fraction of that amount, you save a ton of time which allows you to bring in more business - meaning more money in your pocket. Trust us, once you get a reputation for being the "go to" company for 203k projects, you'll be happy to hand over the paperwork to us.

Work Write-Ups

Back Office 203k fees are based on the Renovation Cost in the WWU

$300 - $0 to $50,000 in repair costs
$360 - $50,001 to $85,000 in repair costs
$420 - $85,001 to $140,000 in repair costs
$600 - $140,001 to $200,000 in repair costs
Over $200,000 - call for quote

Included in the WWU Packet: Cover Sheet, Property Information, Specification of Repairs, Allowable Fee Agreement, Limitation of Liability, HOCA, Notice to Contractor (203k only), Initial Draw Form, Identity of Interest (HUD C & Borrower), Permit Certification, Bid on Repairs, Invoice.

We encourage all of our consultants to get a signed Consultant Agreement on file before going to a property for a
Feasibility Study. If you don’t have a Consultant Agreement to use, we can assist you with that.
We also strongly suggest collecting all fees upfront from the Borrower before releasing any paperwork.

SOFTWARE

We use the premium 203k software RLS (Renovation Lending Software) exclusively.
Each project is $25/per project (for the life of that project file).
Projects in RLS are under the general Back Office 203k account and assigned to the Consultant.
The Consultant will not see any files produced by Back Office 203k under their own RLS account.

For gathering signatures, we use DocuSign - which is free to you (we cover that cost).
We can help you set up your DocuSign account if you aren’t already signed up.

All of the HUD C files are housed on Dropbox (at no cost to the consultant).
We provide the link to your folder where you can view and download your stored files anytime - 24/7/365.