The U.S. Department of Housing and Urban Development (HUD) is the federal agency responsible for national housing policy, fair housing enforcement, and programs that support community development and homeownership.
The Federal Housing Administration (FHA)—a division of HUD—insures mortgages to make homeownership more accessible, especially in communities with aging housing stock or limited financing options.
The FHA 203(k) Renovation Program was created in 1978 to help revitalize older homes by allowing buyers and homeowners to finance both the purchase (or refinance) and the renovation of a property through a single mortgage. It remains one of the most powerful tools for restoring and preserving America’s housing inventory.
Renovating a home or investment property is a major undertaking — and the right guidance makes all the difference. Desired Home Inspections LLC, founded by HUD‑Approved Renovation Consultant James Desir, provides expert consulting for every major renovation mortgage program.
James is recognized as one of the leading advocates for renovation mortgages in the nation, championing access, education, and responsible renovation planning for homebuyers, homeowners, lenders, and investors.
From FHA 203(k) to VA Renovation, HomeStyle, CHOICERenovation, and private investor strategies, we help you build a renovation plan that is clear, compliant, and financially sound.
The FHA 203(k) program allows buyers and homeowners to finance both the purchase (or refinance) and renovation of a property with one mortgage.
FHA 203(k) Limited — Up to $75,000
Perfect for smaller‑scale improvements such as:
A streamlined option for significant renovation to full gut rehab (including full tear-down)
– FHA 203(k)/ VA
Reno/ HomeStyle/ CHOICERenovation- Property Types: 1-4 unit owner-occupied properties, HUD-approved condos, mixed-use properties (up to 4 units with more residential space)
– HomeStyle/ CHOICERenovation/ DSCR/ Private Lender/ Hard-Money Lender/ Equity Fund: Property Types: Varies depending on the lender.
– Please encourage lenders, real estate agents, general contractors, and other real estate professionals to collaborate directly with James Desir on all platforms via JamesDesir.com
The FHA 203(k) has become a major part of my inspection business. I would like to make this page very easy to viewers to see and get to.
Designed for major, full‑scale renovation projects, including:
This program requires a HUD‑approved consultant — and James Desir is one of the most trusted in the field.
For eligible veterans and service members, this program finances home purchase or refinance plus repairs or upgrades. Ideal for improving safety, livability, and long‑term value.
A flexible conventional loan that allows luxury upgrades, structural improvements, and high‑end customization.
Perfect for buyers seeking freedom beyond FHA guidelines.
A conventional renovation loan supporting modernization, repairs, and resiliency improvements such as flood, wind, or disaster‑mitigation upgrades.
We provide the same detailed consulting services for non‑government renovation loans, including:
Our consulting ensures your scope, budget, and contractor coordination stay aligned from start to finish.
We make renovation financing simple, transparent, and achievable.
Fees: James Desir follows the same standardized fee schedule set by HUD for all renovation loan programs, ensuring fairness, transparency, and compliance across every project—FHA, VA, HomeStyle, CHOICERenovation, and private investor renovations.
Proudly Serving
New York:
Brooklyn • Queens • Manhattan • Staten Island • The Bronx • Westchester County • Nassau County
Now also serving:
New Jersey • Connecticut
Whether you’re renovating your home or scaling your investment portfolio, we’re here to guide you every step of the way.
Let’s build something great together.