Federal (HUD/FHA)
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
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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