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Boost Your Home Equity Instantly with a 203K Renovation Loan

Get the money you need for your home renovation

What’s the size of your project?



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What's the loan amount needed for the project?

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[{"by":10000,"end":1000000,"start":10000}]
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  • <$10K
  • $1M+
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The current stage of the purchase is:

I'm Just Researching / Going to Open Houses
I'm Making Offers
Offer Accepted, Closing Soon
Closed, But Not Moved In
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How much do you plan to spend on your new home?

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$700,000 or more
$600,000 - $700,000
$500,000 - $600,000
$400,000 - $500,000
$300,000 - $400,000
$200,000 - $300,000
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What kind of home are you looking for?

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Town Home
Multi-Family Home
Mobile / Manufactured
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Buy Land and Build
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How will this home be used?

Primary Home
Secondary / Vacation Home
Investment Property
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Is this your first time purchasing a home?

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Do you currently own a home?

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How much do you currently have saved for a down payment?

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$0 - $20,000
$20,000 - $30,000
$30,000 - $50,000
$50,000 - $75,000
$75,000 - $100,000
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More than $150,000
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What's your employment status?

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What's your household gross annual income?

(this is income before taxes)

Greater than $200,000
$150,000 - $200,000
$100,000 - $150,000
$75,000 - $100,000
$50,000 - $75,000
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Have you filed for bankruptcy, or had a short sale or foreclosure in the last 3 years?

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Great News! 

We've found options for you.

Continue to the final steps so we can provide your personalized results.


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Streamlined 203(k) Renovation Loan Overview

The Streamlined 203(k) loan is ideal for properties needing minor repairs.

  • Funds up to $35,000 in renovations

  • Has no minimum cost requirement

  • Typically simplifies the application process due to lower borrowing amounts

  • Excludes major structural repairs from its borrowing scope

Standard 203(k) Renovation Loan Overview

For more extensive renovations exceeding $35,000, the Standard 203(k) loan is the go-to option.

  • Funding for major structural repairs

  • A minimum renovation cost of $5,000

  • A requirement to hire a HUD consultant to supervise the project

  • Adherence to select rules and government compliance guidelines



See What a Renovation Loan Can Do for You

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Scope of FHA 203(k) Renovation Loan Usage

FHA 203(k) loans offer versatility in funding various renovation projects. These can be employed for:

  • Enhancing curb appeal

  • Roofing and flooring installation or repairs

  • Energy-efficiency upgrades

  • Addressing health or safety issues

  • Improving home accessibility

  • Plumbing and waste system overhauls

  • Landscaping and groundwork enhancements

  • Gutters, downspouts repairs or renovations

  • Aesthetic and functional property upgrades

However, it's crucial to understand FHA limitations. Luxuries such as swimming pool installations or outdoor fireplaces aren't eligible expenses, though repairs are. 

Generally, the FHA doesn't cover additions that don't directly uplift the property's function or aesthetics. Some property types, like mixed-use properties or co-ops, might also be ineligible. 

If you have questions and want to learn about your options, click below to see what you might qualify for. 



Calculate Your Rate & Monthly Payments

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IMPORTANT PRIVACY NOTICE: YOUR INFORMATION WILL NOT BE SOLD TO MULTIPLE PARTIES 

Most online mortgage shopping experiences sell the information they collect to multiple mortgage lenders, banks, and other institutions. 

We don't. You’ll get connected with a top Mortgage Advisor that’s licensed in your market, and YOU can decide the next steps from there.