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FHA Renovation Loan

An FHA Renovation Loan (also known as an FHA 203K loan) is an excellent mortgage option for financing repairs, flipping a fixer-upper, or renovating your home. Think of this loan as an FHA loan with a renovation twist.

FHA Renovation Loan

Use an FHA Renovation loan for your renovation needs with added benefits for first-time buyers.

3.5% Down Payment

3.5% Down Payment

FHA Renovation loans only require a 3.5% down payment.

Typical FHA Guidelines

Typical FHA Guidelines

This loan type follows typical FHA guidelines with minimal overlays.

Can Be Used For Additions

Can Be Used For Additions

FHA Renovation loans can be used to add additions or make repairs.

Loan Amount

Loan Amount

The loan amount is based on 110% of the ``after improved`` value.

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