FHA 203(k) Rehabilitation Mortgage

About This Program

FHA mortgage that finances home purchase + renovation in a single loan. Limited 203(k) covers non-structural repairs up to $75,000 with up to 9 months for work. Standard 203(k) for major structural work up to the Montgomery County FHA loan limit. Excellent for Dayton's large stock of pre-1950s homes in need of rehabilitation.

Purchase + renovation combined; great for fixer-uppers

Key Details

• Finance purchase + renovation in one FHA loan
• Limited 203(k): up to $75,000 non-structural (raised 2025)
• Standard 203(k): major structural work, up to county FHA limit
• 9 months (limited) or 12 months (standard) for renovation completion
• Excellent for Dayton's older housing stock — pre-1950s homes

How to Apply

Deadline: Year-round through FHA-approved lenders