Renovation Loans FHA 203K
The FHA 203K Renovation, also known as Rehab Loan, has two different iterations: Limited 203K ($35,000 and below in renovation costs) and Standard 203K (Over $35,000, more complicated projects)
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Limited 203K
Total Costs not to exceed $35,000.
Intended to help facilitate uncomplicated improvements or repairs to a home that does not require plans, consultants, engineers, or architects, etc.
*For renovation costs exceeding $35,000, see Standard 203K below.
Limited 203K Eligible Repairs
Limited 203K Ineligible Repairs
Limited 203K Process
Standard 203K
Designed for more complicated projects. Structural repairs and/or repair costs exceeding $35,000.
Standard 203K - Eligible Repairs
Standard 203K - Ineligible Repairs
Standard 203K Process
