203k loan - do I need a consultant?

[Mike L.]

I am thinking of getting a 203k loan to buy and fix up a house that I will live in. I have seen ads for "203k consultants" who will walk you through the process. Some are also general contractors who will do the rehab.

I already have a contractor that I would like to work with for the fix-up. If I can find a mortgage broker who is experienced with 203k loans, do I really need to hire a separate consultant?