LHB construction offers 203k consulting

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Under the FHA 203(k) program, the FHA guarantees, or insures, the loan, meaning:

• You receive your mortgage from an FHA-approved bank, credit union, or other financial institution—not from the FHA itself  
• If you default on the loan, the FHA covers the lender’s losses—allowing the lender to approve financing for homes needing repairs that might otherwise be too risky mortgagelendersforbadcredit.com
   

So, in short, the FHA's role is to protect the lender, not to lend the money. It allows homeowners to finance both the purchase of a home and the cost of its rehabilitation through a single mortgage. It's designed for homes in need of repairs or renovations, making it an ideal solution for buying fixer-uppers in North Carolina. 

 Bruce Childress offers FHA 203(k) consulting and general contracting through LHB Construction & Consulting. Based in Asheville and Weaverville—and serving surrounding communities—we're fully qualified to act as your HUD‑approved 203(k) consultant or certified 203(k) general contractor. 

 We have direct experience working with lenders on 203(k) financing, guiding homeowners through both the loan and renovation process.

• We help buy and renovate fixer-uppers using FHA 203(k) financing—handling structural repairs, cosmetic updates, and safety improvements in a single loan.  
• Our team performs detailed feasibility studies, including inspections and estimates, ensuring your project meets FHA guidelines. Polished work plans and loan packages are prepared for your lender and HUD.  
• Following loan closing, we oversee draw inspections, verify compliance, and coordinate lien waivers before funds are disbursed—much like a HUD consultant’s role. 
• We are aligned with a local bank and local realtors as Western North Carolina's 203k consultants.

 LHB, Inc guides homeowners through the complexities of 203k loans. We provide a detailed project scope of work, bid the project for our clients, help select qualified contractors, and ensure all renovations comply with FHA standards, simplifying the renovation financing process in North Carolina.

We can act as your HUD Consultant to confirm your contractor's duties are fulfilled.

OR

We can act as your General Contractor to manage the Renovation or Remodel.

At Lifestyle Home Buyers, we specialize in delivering top-notch residential construction services tailored to meet your unique needs. Our experienced team works closely with you from the initial design phase through to the final touches, ensuring your dream home becomes a reality. We prioritize quality, safety, and customer satisfaction in every project we undertake.

Our team specializes in lifting homes, reclaiming unfinished square footage, and designing creative additions that enhance both indoor and outdoor living spaces. We work closely with structural engineers to ensure every project meets today’s strict building codes, while still honoring the unique character of each home.

Lifestyle Home Buyers - d.b.a LHB Construct & Consult specializes in creative solutions to customize each client's home. For over 20 years, LHB has proudly served the area surrounding Asheville and Weaverville, NC.  We are family-owned and locally operated.  As experts in lifestyle-focused home building and general contracting, we bring both skill and passion to every remodeling project—no matter the size or complexity. Whether addressing serious structural concerns such as foundation issues, compromised safety, or outdated building codes, or breathing new life into historic craftsman and bungalow-style homes, LHB delivers thoughtful, high-quality solutions.

We're passionate about giving new life to an outdated home.  Don't worry we enjoy new construction also!

• We thrive on the challenge of fixer-uppers — passionate about breathing new life into outdated properties.
   
• Our preference is always to salvage and renovate, rather than tear down and rebuild.
   
• Each home we tackle is customized to meet the unique needs of our clients — adding character, function, and value.
   
• With a licensed general contractor, structural engineer, and long-term local trade relations, we deliver comprehensive, code-compliant solutions
   
• From structural corrections to creative additions — like attic conversions, decks, and outdoor living spaces — we offer everything under one roof .

 Eligibility for an FHA 203k loan typically includes a credit score of 620 or higher, a stable income, and a down payment of at least 3.5%. Properties eligible for financing must also be at least one year old and require renovation or repair. This is a great question for your loan officer. We are not involved with the lending process; we just get the scope of work nailed down and, in most cases, provide you with a bid on your project prior to your contractor. 

We work closely with a local bank and local realtors to help you find your fit.  

Call us today to see how we can help.