Definition
What this service means
This service supports the documentation needs of a lender-defined renovation or repair program. Depending on the engagement, that may include Fannie Mae HomeStyle Renovation, Freddie Mac CHOICERenovation, VA alteration and repair, USDA repair programs, conventional or portfolio renovation loans, construction-to-permanent financing, home-equity financing, private lending, or self-funded work. The lender or program administrator—not the consultant—sets eligibility and approval requirements.
