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Serving the Industry Since 1959Contractors Acknowledgement Standard 203K Program Contractor: Borrower(s): Subject property address: As contractor for the above captioned transaction, I acknowledge

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What is contractors acknowledgement standard 203k?

Contractors acknowledgement standard 203k is a form that contractors must fill out when working on a 203k renovation loan. It acknowledges that the contractor understands the terms of the loan and agrees to abide by them.

Who is required to file contractors acknowledgement standard 203k?

Contractors who are hired to work on a project financed with a 203k renovation loan are required to file the contractors acknowledgement standard 203k form.

How to fill out contractors acknowledgement standard 203k?

Contractors can fill out the contractors acknowledgement standard 203k form by providing their contact information, agreeing to the terms of the loan, and signing the form.

What is the purpose of contractors acknowledgement standard 203k?

The purpose of the contractors acknowledgement standard 203k form is to ensure that contractors working on a 203k renovation loan project understand and agree to the terms of the loan.

What information must be reported on contractors acknowledgement standard 203k?

Contractors must report their contact information, agree to the terms of the loan, and sign the form.

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