Purchase and renovate with one convenient loan. Turn any fixer-upper into your dream home with FHA 203(k) financing that covers both the purchase price and renovation costs.
Maximum Limited 203k
Minimum down payment
Credit score required
Maximum completion time
Choose the right 203(k) program for your renovation project size and complexity.
$15,000+
For major renovations requiring architectural plans and contractor oversight
Best for: Major renovations and additions
$5,000 - $35,000
For smaller renovations that don't require architectural plans
Best for: Cosmetic updates and minor repairs
203(k) loans cover a wide range of improvements, from major structural work to cosmetic upgrades.
Discover why the FHA 203(k) renovation loan is the smart choice for turning fixer-uppers into dream homes.
Buy and renovate with one loan, financing both the home purchase and improvements
Government-backed loan with lower down payments and more flexible credit requirements
Loan amount based on the home's after-improved value, not current condition
Access to our network of approved contractors experienced with 203k projects
One closing process covers both purchase and renovation financing
HUD consultant oversight ensures renovations meet program requirements
From finding your fixer-upper to completing renovations, we guide you through every step of the process.
Locate a property that needs renovation work and meets FHA eligibility requirements
Complete the 203k pre-approval process to determine your maximum loan amount
Work with contractors and consultants to develop detailed renovation plans and budgets
Close on your loan and begin renovations with scheduled inspections and funding draws
Let our 203(k) specialists help you find the perfect renovation project and secure the financing to turn any house into your dream home.