FHA 203k, FannieMae Home Style, or Freddy Mac's product all on the same software. With a simple click of a configuration button you can change all reference to the 203k to one of the other loan programs on all your paperwork.
This software produces complete Architectural Exhibits for the 203k loan program in a Windows environment less the blueprints and drawings. All the consultant needs to submit a completed project from the work write up to the invoice & all of the forms for the ongoing inspections. It includes all of the following forms & reports;
Work Write Up (modified for 2011)
Consultant Agreement
Borrowers Acknowledgment
Acceptance of Conditions
Rehabilitation Loan Agreement
Homeowner/Contractor Agreement
Self Help Agreement
Draw Request (Unlimited number) (modified for 2011)
Back of Draw Request (modified for 2011)
Re-Cap of the Sub-Total
Job Specifications and Bid Request (new format for 2011)
203k Compliance Inspection Report
Consultant's Identity of Interest Certification (required by HUD)
Borrower's Identity of Interest Certification (new for 2011)
Invoice (interactive so you can add other charges)
Feasibility Analysis Report Form
Change Order Form (Unlimited number) (new for 2011)
Progress Payment Lien Release (with lender specific forms integrated)
Final Lien Waiver
Mortgagor’s Letter of Completion (MLC)
More lender specific forms available
All new Streamlined "k" paperwork that allows for multiple contractors on the same project
Features
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- Now it's time to make the inspection... with the touch of a button you will print out a set of inspection report blanks to assist you in making your inspection, and an information page so you can verify the borrower's information at the time of your inspection, as well as a complete set of the contracts for you to leave with the borrower for review prior to signing. It also make two copies of the "consultant agreement" one for you to get signed and bring back for your file and the other to leave with the borrower.
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You get all of the features typical of Microsoft Windows programs that include word wrap and sentence wrap.
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Once you make your inspection and write the "home inspection" report and your ready to write the Bid Spec. You can see the "home inspection" report on a split screen as you type the "Bid Spec". This feature will save you having to print out the home inspection report till the entire project is ready to print.
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While you are typing up your "Bid Spec" and you notice an error in the inspection report you can go right to it on that same screen and correct it without going back to the inspection input screen.
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Once your bid spec is complete you can now SAVE the file to a pdf from within the program and send it to your contractors and/or lender via email.
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When the bid comes back to you, you input the changes then print the entire report with the push of another button. The program selects your "group" of forms to print...the loan closes.
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You get a call and the contractor is ready for the first draw inspection. You merely click on the "first draw package" and you get a complete set of the bid specs, a progress payment lien release, a final lien release, a mortgagee's letter of completion, Draw Request #1, and a change order blank. These are all necessary to prepare you for the first draw in case it is complete and to provide the necessary forms in case there are other contingencies. In any case you are fully prepared for the first draw.
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You get back to your office and create the "back" so you can mail off draw request #1 to the lender. You should also input that draw request and print the next draw inspection report (Draw #2) so you are ready for the next draw. This way, when you get a call for draw #2, you just grab the file folder and go...
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We've made this as complete as possible to make your job easier and more organized while keeping the cost of the software to approximately that of one single project. You can't afford not to upgrade your system with
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Version for 2012
By far our best software offering ever and we were already #1.
Your investment is only $699, about half the cost of one job.
The Mike Young Team is here to serve you
If you already have any of our older "legal" versions of our software you can upgrade for $349
... about the cost LESS THAN THE COST of a single project
just click here to Learn how to use the newest version of our software
This is more than just a software program... It's a way to improve your effectiveness in writing the reports and protecting yourself and your lender.
Send to:
203kOnLine.com
1500 Oliver Road, Suite K-228, Fairfield, CA 94534
1.707.812.7668 or toll free 1.877.207.6565
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Our software is being used successfully all across America and is considered the "best presentation of a finished 203k consultation product" by the lenders who know.
Take a look at the User's Manual for screen shots
2/2004 The MBAs of Texas, Oklahoma, and New Mexico voted our software output as "The best 203k presentation they have ever seen"
They are still saying it, I got a call the last week in September 2011 from an underwriter in San Jose CA for a major 203k lender when he said "how long have you been doing 203k consulting? This is the best presentation of a 203k consulting report I have ever seen and I see a lot of them" - JS
Click Here to order online. You get our latest version 2011
