FHA 203(k) Rehabilitation Mortgage

Federal Housing Administration

Available Home Repair

About This Program

FHA-insured mortgage that allows Aurora homebuyers or homeowners to finance both the purchase (or refinance) and rehabilitation of a home through a single mortgage. Covers major repairs, renovations, and improvements.

Loan amount based on after-improved value; estimate assumes moderate rehab

Key Details

  • Finance home purchase and repairs together
  • Available for Aurora homebuyers and owners
  • Single mortgage for property and renovation
  • Must use FHA-approved lender
  • No income limits, credit score requirements apply

How to Apply

Deadline: Ongoing program through approved lenders

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Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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