FHA 203(k) Rehabilitation Mortgage

HUD / FHA, Available through approved lenders in Virginia Beach

Open Home Repair

About This Program

The FHA 203(k) Rehabilitation Mortgage allows Virginia Beach homebuyers and homeowners to finance property purchase (or refinance) combined with needed repairs in a single FHA-insured loan. The Limited 203(k) covers up to $75,000 in non-structural repairs; the Standard covers comprehensive rehabilitation. A minimum of $5,000 in eligible repairs is required. Available through FHA-approved lenders in the Hampton Roads market.

Estimate for typical Limited 203k repair component for moderate Virginia Beach home rehabilitation

Key Details

  • Finance home purchase or refinance plus repairs in one FHA 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 Hampton Roads

How to Apply

Visit Official Program Page Track this program

Deadline: Ongoing, apply through any FHA-approved lender in the Virginia Beach area

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find Contractors in Virginia Beach, VA Are You a Contractor? Get Listed

Find More Programs in Virginia Beach, VA

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

See All Programs