FHA 203(k) Rehabilitation Mortgage

HUD / FHA, Available through approved lenders in OKC

Open Home Repair

About This Program

The FHA 203(k) Rehabilitation Mortgage allows homebuyers or existing homeowners to finance home purchase (or refinance) plus the cost of repairs in a single mortgage. The Limited 203(k) covers cosmetic and non-structural repairs up to $75,000; the Standard 203(k) covers structural and major rehabilitation. Oklahoma City area lenders including CMRE and others offer this program with a minimum $5,000 in repair costs.

Estimate reflects typical repair portion of a 203k loan for a moderate rehab project

Key Details

  • Finance home purchase or refinance plus repairs in one loan
  • Limited 203k: up to $75,000 in non-structural repairs
  • Standard 203k: full structural/major rehabilitation
  • Minimum $5,000 in eligible repairs required
  • Available through FHA-approved lenders in Oklahoma City

How to Apply

Visit Official Program Page Track this program

Deadline: Ongoing, apply through any FHA-approved lender in Oklahoma City

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