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FHA 203(k) Rehabilitation Mortgage

HUD / FHA – Available through approved lenders in OKC

Active – available through FHA-approved lenders Federal Loan Programs

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

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

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