FHA 203K Rehabilitation

Eligible Loan Channels

To be eligible, a Wholesale account must be HUD Approved or and sponsored by an Agent.

Product Type

30 Year Fixed Rate Mortgages

Sales Focus
This program is designed by the United States Department of Housing and Urban Development (HUD) for the rehabilitation of a primary residence.  Section 203(k) insurance enables homebuyers and homeowners to finance either the purchase or a refinance of a house and the cost of its rehabilitation through a single mortgage.

Geographic Restrictions

Eligible Borrowers
The following borrower types are eligible:

Ineligible Borrowers
The following borrower types are ineligible:

Eligible Properties
The following property types are eligible and must conform to HUD guidelines:

Ineligible Properties