I'm interested in using the FHA Title 1 for home improvements and the approved lender list that HUD offers is seemingly useless. All of the lenders on the site have been approved to make the loans but when I call they say they aren't. There is one I located but is a great distance from my house. Does the lender have to be from the county I live in? Do you know of any other resource that I could use to locate a participating approved Title 1 lender?
Other things that I've considered besides the Title 1 are secured loans---the interest rates are obnoxious. Home Equity Loan---don't have any. 401K Loan---big monthly payment.
Hopefully you can offer some more insights or options. I appreciate your time!