FHA 203(k) Rehabilitation Mortgage

About This Program

FHA-insured mortgage that combines home purchase or refinance with renovation costs in a single loan. Limited 203(k) covers up to $75,000 for non-structural repairs; Standard 203(k) has no repair limit for major rehabilitation including structural work.

3.5% down payment; Limited up to $75,000 repairs; Standard unlimited repairs

Key Details

• Limited 203(k): up to $75,000 for non-structural repairs
• Standard 203(k): no repair limit, includes structural work
• Only 3.5% down payment on after-improved value
• Available through FHA-approved lenders in Maryland
• Can combine with Maryland Mortgage Program

How to Apply

Deadline: Ongoing