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203K Info.Org
FHA 203(K) is a program for the
Rehabilitation or Home Improvement of
1-4 Family Homes 
Buying or Renovating Your Existing Home
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What is a 203k Loan?

 

The FHA 203K loan enables the home buyer to obtain funds for a purchase and renovations all in one loan.

  • One loan to pay for the purchase and renovating of the home
  • Finance up to six months of mortgage payments
  • FHA Standard Guidelines
  • 1 to 4 unit dwelling
  • Create the dream house you want
  • Low scores and low down payments acceptable
  • Key strategy in today’s real estate market

The 203(k) loan program offers borrowers the resources to rehabilitate a home that may be in need of repair either the home that they currently live in, or that special fixer-upper opportunity.

The FHA 203(k) program has already provided many buyers with the funds necessary to buy their first home, or greatly improve a current home. The FHA 203(k) loan is available to borrowers of all income levels, to homeowners who plan to occupy the house, and for homes with one to four units.

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This site should be used as a informational site only. The information
 provided may change from time to time without notice and can vary
 from lender to lender.

 

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