Potential First Property 203k Loan

[Justin Bioc]

Hi everyone! I will hopefully be working on my first deal. *cross your fingers*

I will be financing it with a 203k loan, but I'm confused about what I should be looking for, in both lenders and contractors. For lenders, should I be completing multiple applications? Am I looking for a different contractor than someone who did a job 50/50? I'm interviewing a couple of banks/credit unions/brokers tomorrow and not sure how I should compare them other than experience with the 203k process and rates. Any guidance/experiences/referrals appreciated. Thanks!