Get Draw Request Section 203(k) - Hud

This guide provides clear and supportive instructions on how to complete the Draw Request Section 203(k) - HUD online. By following these steps, users can ensure their draw request is completed accurately and efficiently.

Follow the steps to successfully fill out the Draw Request form.

1. Click ‘Get Form’ button to access the form and open it in the editor.
2. Begin by entering the borrower's name and property address in the designated fields. Ensure that all information is accurate and matches the information on file.
3. Next, input the lender's name and address, followed by the FHA case number and draw number to identify the specific request.
4. Fill in the date of the request. This is crucial for tracking and ensuring timely processing of the draw request.
5. Certify that you have inspected the property by checking the compliance box and including your signature and date alongside the HUD-accepted consultant or plan reviewer's certification.
6. Indicate the suggested contingency reserve amount, as well as detailed specifics for each construction item in columns 1 through 4.
7. Provide the total cost of rehabilitation requested for this draw and include any previous draw totals. Ensure that calculations are accurate to avoid delays.
8. Complete the signature sections for the borrower, owner-occupant, and general contractor, if applicable, ensuring signatures and dates are entered correctly.
9. The inspector's signature is also required after reviewing the work performed, confirming that it meets the required standards.
10. Finally, save your changes, and choose to download, print, or share the completed form as needed.

Complete your Draw Request Section 203(k) - HUD online to ensure your rehabilitation project progresses smoothly.