FHA 203(k) Rehabilitation Mortgage

About This Program

The FHA 203(k) Rehabilitation Mortgage allows homebuyers or existing homeowners to finance both the purchase (or refinance) of a home and the cost of its rehabilitation in a single mortgage. The Limited 203(k) covers minor repairs up to $35,000; the Standard 203(k) covers major structural repairs with no upper dollar limit (within FHA loan limits). San Diego County's FHA loan limit is approximately $977,500.

Must use FHA-approved lender; minimum 3.5% down payment; property must be primary residence; repairs must be completed within 6 months; no income limit but standard FHA credit/debt requirements apply

Key Details

• Combine home purchase/refinance and renovation costs in one mortgage
• Limited 203(k): up to $35,000 for minor repairs; Standard: no cap within FHA limits
• San Diego County FHA loan limit ~$977,500 (2026)
• Minimum 3.5% down payment; primary residence only
• Use FHA-approved lender — search at hud.gov or call 1-800-CALL-FHA

How to Apply

Deadline: Rolling