🏦

FHA 203(k) Rehabilitation Mortgage

HUD / FHA – Available through approved lenders in Raleigh

Active – available through FHA-approved lenders Federal Loan Programs

About This Program

The FHA 203(k) Rehabilitation Mortgage enables Raleigh-area homebuyers and existing homeowners to finance both a home purchase (or refinance) and needed repairs in a single mortgage. The Limited 203(k) allows up to $75,000 in non-structural repairs; the Standard 203(k) covers comprehensive rehabilitation. A minimum of $5,000 in eligible repairs is required to use the program.

Estimate for typical Limited 203k repair component for moderate rehabilitation

Key Details

  • Finance home purchase or refinance plus repairs in one mortgage
  • Limited 203k: up to $75,000 in non-structural repairs
  • Standard 203k: full structural and major rehabilitation
  • Minimum $5,000 in eligible repairs required
  • Available through FHA-approved lenders in the Raleigh metro area

How to Apply

Visit Official Program Page

Deadline: Ongoing – apply through any FHA-approved lender in the Raleigh area

Find More Programs in Raleigh, NC

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

See All Programs Find a Contractor