HUD insures loans to help people renovate and repair their homes through a program called Title I.
Some deceptive contractors in the program were performing shoddy work, falsifying documents, and overcharging homeowners. This fraud had victimized thousands of families and cost the taxpayers millions of dollars.
To avoid becoming a victim of fraud, work only with a HUD-approved Title I lender. This allows you to select the contractor and helps to prevent inflated estimates that only increase costs.
HUD-approved Title I lenders
To report any fraud or abuse in the Title1 Program, call toll-free (800) 347-3735 or TTY (202) 708-2451 or FAX (202) 708-4829.
For more information, phone (800) CALL FHA or (800) 225-5342.