FHA 203(k) Rehab Mortgage

About This Program

Finance home purchase + renovation in one FHA loan. Limited 203(k) covers up to $75,000 for non-structural repairs. Standard 203(k) covers major structural work with no dollar limit beyond FHA loan limits. Ideal for buying Buffalo’s older housing stock and renovating it simultaneously.

Purchase + renovate in one loan; great for 1938-era Buffalo homes

Key Details

• Limited 203(k): up to $75,000 for non-structural repairs
• Standard 203(k): major structural work, no dollar cap
• Purchase + renovate in one loan
• Works well with Buffalo’s pre-1940 housing stock
• Apply through FHA-approved lenders

How to Apply

Deadline: Year-round through FHA-approved lenders