01
Property Assessment
Initial evaluation of the property's condition and identification of repairs and improvements that qualify under the FHA 203(k) program.
Specialty / Renovation Financing
HUD 203(k) Consultant services.
FHA-Approved Consultant · ID D1251
Buy a fixer-upper and finance the renovation in a single mortgage - with a certified consultant guiding the process from feasibility through final draw.
What is the 203(k)?
One mortgage. House and renovation.
The FHA 203(k) program lets buyers purchase a property that needs work and finance the renovation as part of the same loan. Instead of buying the home, then taking out a separate construction loan, you get one mortgage with one set of closing costs, one monthly payment, and one path to a finished home.
The catch: HUD requires a certified 203(k) Consultant to oversee the process. That’s where True South comes in. With FHA-approved certification ID D1251, the inspector provides the structured oversight your lender requires while making sure your renovation actually gets built the way you want it.
Consultant Services
Six phases of structured professional oversight.
02
Feasibility Study
Determination of whether the proposed renovation makes sense given the property, the budget, and the borrower's loan capacity.
03
Work Write-Up
A detailed description of every renovation item, including materials specifications and labor requirements, written to FHA 203(k) standards.
04
Cost Estimates
Accurate, line-item cost estimates for every component of the renovation - the budget your lender will work from.
05
Draw Inspections
Periodic inspections during construction to verify work is completed according to specification before each draw is released.
06
Change Orders
Guidance on amendments to the original work scope when site conditions or homeowner preferences require revision mid-project.
Ready to discuss your 203(k)?
Every 203(k) project is different.
Let’s walk through yours.
Let’s get you scheduled and get you the answers you need.
Flexible appointments available · TREC Licensed & Insured · New Braunfels · San Antonio · Hill Country