FHA 203(k) Rehab Mortgage

Federal (HUD/FHA)

Available Home Repair

About This Program

Finance purchase + renovation in one loan. Limited 203(k) covers up to $75,000 non-structural repairs. Powerful for Memphis’s many sub-$100K homes needing significant rehab. HUD allows combining with CDBG and local programs.

Purchase + renovate in one FHA loan; ideal for Memphis’s low-value housing stock

Key Details

  • Finance purchase + rehab in one FHA loan
  • Limited 203(k): up to $75,000 non-structural repairs
  • Ideal for Memphis sub-$100K homes needing major rehab
  • Can combine with local CDBG grants

How to Apply

Visit Official Program Page Track this program

Deadline: Year-round through FHA lenders

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