FHA 203K Purchase and Renovate Loans

Purchase and renovate a home all with the same loan.

Simply put, buy a home and remodel it with the same loan. Purchase and renovation loans require three professionals to make sure you navigate this product and close properly: a solid HUD consultant, a great contractor and a loan officer with a company that knows how to close this product.

Purchase and Renovate Loan Features & Benefits

  • Maximum Loan amount is $453,100
  • 3.5% Down Payment
  • Lower Credit Scores accepted
  • Minimum Reserves
  • Upfront and monthly Mortgage Insurance premiums
  • 100% of the Down Payment can come from a Gift
  • No income qualifications available

Please see FHA Loans for more additional information.