FHA 203(k) Rehab Mortgage

About This Program

Finance a home purchase AND renovation in one mortgage. Limited 203(k) covers up to $75,000 in non-structural repairs. Standard 203(k) covers major structural work with no cap (within FHA loan limits). Strong tool for buying older KC homes that need work. HUD allows combining with CDBG grants.

Purchase + renovate in one loan — works with CDBG grants

Key Details

• Buy and renovate in one mortgage
• Limited 203(k): up to $75,000 non-structural
• Standard 203(k): major structural work, higher limits
• Can stack with CDBG grants at closing
• Available at FHA-approved lenders in Kansas City

How to Apply

Deadline: Year-round through FHA-approved lenders