FHA 203(k) Rehabilitation Mortgage

Federal Housing Administration (FHA) / HUD

Available Home Repair

About This Program

FHA-insured mortgage that allows buyers or homeowners in Peoria to finance both the purchase (or refinance) and rehabilitation costs in a single loan. Available through FHA-approved lenders for properties needing repairs or renovation.

Loan amount based on after-improved value of home

Key Details

  • Finances purchase and renovation in one loan
  • Based on after-improved property value
  • Available for Peoria properties
  • Must use approved contractors
  • Work with FHA-approved lender

How to Apply

Get free help applying Visit Official Program Page Track this program

(800) 767-7468

A grant-savvy contractor in Peoria, IL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing through approved lenders

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