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FHA 203(k) Rehab Mortgage

Federal (HUD/FHA)

available federal

About This Program

Finance purchase + renovation in one mortgage. Limited 203(k) covers up to $75,000 in non-structural repairs. Standard 203(k) for larger structural projects. Good for buyers of fixer-uppers in Minneapolis neighborhoods.

Purchase + renovate simultaneously

Key Details

  • Purchase + renovate in a single loan closing
  • Limited 203(k): up to $75,000 non-structural
  • Standard 203(k): structural and larger projects
  • Works well with Minneapolis Home Improvement deferred loan for gap financing

How to Apply

Deadline: Year-round through FHA-approved lenders

Find More Programs in Minneapolis, MN

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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