For Contractors — Submit a Project Bid
RenoLoanPortal connects licensed, insured contractors with motivated homeowners and investors who are pre-approved and ready to move on renovation projects. No chasing leads — just real, funded work.
Win More Bids on Funded Projects
Working on FHA 203(k) renovation projects requires specific knowledge of HUD requirements, draw schedules, and documentation standards. RenoLoanPortal supports contractors through every step of the process — from bid submission to final draw release.
We work with licensed general contractors, specialty subcontractors, and renovation firms who are committed to quality work and clear communication. If that’s you, we want you in our network.
Contractor Requirements for 203(k) Projects
To be eligible to work on FHA 203(k) funded projects through RenoLoanPortal, contractors must meet the following HUD and lender requirements:
State Licensed & Insured
Must hold a valid state contractor’s license (where required) and carry general liability and workers’ compensation insurance.
Detailed Written Bids
Bids must be itemized by line item, matching the HUD consultant’s work write-up. Lump sum bids are not accepted for 203(k) projects.
Not on HUD Exclusion List
Contractors cannot appear on HUD’s LDP (Limited Denial of Participation) list or the GSA’s System for Award Management (SAM) exclusions.
Committed to Draw Schedule
Work must be completed in phases aligned with the draw schedule. Payments are released only after HUD consultant inspections confirm completion.
No Upfront Payment Required
FHA 203(k) rules prohibit contractors from requiring large deposits or upfront payments from borrowers prior to work being performed.
Renovation Experience
Lenders prefer contractors with demonstrated residential renovation experience. References, past project photos, and portfolio submissions are encouraged.
How the Bid Process Works
A homeowner or investor posts their renovation project. The HUD consultant has completed the feasibility study and work write-up outlining the full scope.
Download the project scope, review the line items, and submit your itemized bid. Your bid must match the consultant’s write-up format to be considered.
The borrower and lender review submitted bids. Your experience, references, and bid clarity all factor into selection.
Once selected, you sign a contractor agreement and work begins. Draws are released after each phase passes inspection by the HUD consultant.
Upon project completion, the HUD consultant issues a Final Release Notice and the remaining balance is disbursed to you.
Ready to Join Our Contractor Network?
Register your business, get vetted, and start receiving access to funded renovation projects in your area.