FHA 203(k) Rehabilitation Mortgage

Federal Housing Administration / Approved Lenders

Available Home Repair

About This Program

FHA-insured mortgage that allows homebuyers to finance both the purchase price and cost of rehabilitation in a single loan. Can also be used for refinancing existing homes with major repairs. Minimum credit score and down payment requirements apply.

Loan covers purchase price plus up to $35,000 in repairs (Limited 203k) or larger projects (Standard 203k)

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Finance home purchase and repairs in one mortgage
  • FHA insurance allows low down payments (3.5%)
  • Limited 203(k) for projects up to $35,000
  • Standard 203(k) for major renovations
  • Available through FHA-approved lenders

How to Apply

A grant-savvy contractor in Madisonville, TX can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Madisonville early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Deadline: Available year-round through FHA-approved lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Need a Contractor for This Grant?

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

Find More Programs in Madisonville, TX

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