I want to buy a fixer-upper, foreclosure or distressed home.
The 203k loan offers all the flexibility and low down payment of an Federal Housing Administration (FHA) loan with additional funds for improvements. Finance up to $35,000 towards cosmetic repairs. This loan is great for distressed, REO, and aged properties that need a little work.
- Up to 96.5% financing available
- Up to $35,000 for cosmetic improvements
Purchase and Refinance transactions
- Great for distressed or aged properties
- Requires a 640 FICO
All loans are subject to underwriter final approval, terms and conditions may apply. Subject to change without notice. Always consult an Accountant or Tax Advisor for full eligibility requirements on tax deductions.
Home Loan Guide
Questions about the home buying process? Our Home Loan Guide gives you the answers you need to make smart decisions when choosing a loan.
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