Renovation Central

Are you passing up opportunities on renovation loan programs due to unfamiliarity?  Absolute makes it easy - let us help!  At Absolute we take the pain out of renovation loans and help you expand your client offerings.  Contact your Account Executive today for more information!

Application Stage 

Renovation Specific Fees - REVISED 3/14/2019

Renovation Bid Guidance

203(k) Max Mortgage Worksheet

Homestyle Max Mortgage Worksheet - FNMA Form 1035

203(k) Submission Form

HomeStyle Submission Form

The Role of the HUD Consultant


Contractor Approval & Process Flow

Contractor vetting & approval will be required during the process.  In addition to the Contractor Questionnaire and other required forms, the contractor will need to provide their business license (must be licensed in the project state), evidence of at least $1 million in liability insurance, and a copy of their driver's license.  The contractor's Tax ID will be verified with the IRS and they will be vetted for on-time payment record with vendors, liens, judgments, legal issues, etc.

Contractor Validation Checklist

Contractor Validation Forms

HUD Consultant Checklist (If Applicable)

HUD Consultant Identity of Interest Form - Limited 203K

HUD Consultant Identity of Interest Form - Standard 203K

Limited 203(k) Process Flow


Do I Need Both an As-is & an As-repaired Appraisal?

Note:  We do not issue early CDs on renovation loans.  Your loan will need to be CTC in order for the CD to be sent to hold your settlement date.


Initial Disbursements, Project Draws & Escrowed Mortgage Payments




Renovation Draw Guida


Contact Information
Direct: (855) 888-2462
Email: Send Email
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Absolute Home Mortgage Corp.
330 Passaic Avenue, Suite 204, Fairfield, NJ  07004
Direct:  (855) 888-2462
Copyright © 2023
This Website is not authorized by the New York State Department of Financial Services. Until this website is authorized, no mortgage loan applications for properties located in New York will be accepted through this site.

Absolute Home Mortgage Corporation NMLS #176743, Colorado Mortgage Company Registration, Connecticut Mortgage Lender License #ML-176743, District of Columbia Mortgage Dual Authority License#MLB176743, Florida Office of Financial Regulation License #MLD424, Maryland Division of Financial Regulation License #06-19958, Licensed by the New Jersey Department of Banking and Insurance, License #9826392, Licensed under Ohio Mortgage Broker Act Certificate of Registration # MB.804122.000 and the Ohio Mortgage Loan Certificate of Registration # SM.501845.000, Licensed by the Pennsylvania Department of Banking and Securities, License #34628 Equal Housing Lender
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