The Top 3 Mistakes Consultants Make on Feasibility Reports (and How to Avoid Them)

The Top 3 Mistakes Consultants Make on Feasibility Reports (and How to Avoid Them)

As a rehab consultant, your feasibility report can make or break a renovation loan. A single error can delay funding, frustrate the lender, and damage your reputation. The good news? Most mistakes we see are completely avoidable with the right systems in place.

At NAFHAC, we’ve reviewed thousands of feasibility reports, and the same three issues come up again and again. By understanding these common pitfalls — and how to prevent them — you’ll not only save time but also build stronger relationships with lenders and clients.

Let’s break down the top three mistakes and the simple fixes that will keep your reports professional and error-free.

1. Overcomplicating the Language

Your goal isn’t to impress with technical jargon — it’s to communicate clearly. When reports are filled with overly complex language, lenders and homeowners get confused.

Fix: Write in plain, professional language. Keep sentences short, avoid acronyms without explanation, and aim for clarity over complexity.

2. Forgetting Lender-Required Details

Every lender has non-negotiable details they need in a report. Missing even one can stall the entire loan.

Fix: Use a checklist. Create a standard template with lender-required details so you never leave anything out.

3. Not Double-Checking Repair Priorities

If the repair priorities don’t match the program requirements, lenders will push back — and borrowers may lose confidence in you.

Fix: Always double-check your repair list before submission. Better yet, have a colleague review it for accuracy.

Feasibility reports don’t have to be stressful. By avoiding these three common mistakes — overcomplicated language, missing lender details, and overlooked repair priorities — you’ll deliver reports that lenders love and borrowers trust.
Download our Rehab Loan Guide from the NAFHAC Dashboard and access templates that make feasibility reports easier than ever.