Change To Meet New Needs
A 203(k) loan is a government-backed mortgage that combines the cost of buying a home with the cost of renovating it into a single loan.
An FHA 203(k) loan, also known as a rehab loan, allows homebuyers to finance both the purchase of a property and the cost of repairs or improvements with one mortgage and one monthly payment
This type of loan is insured by the Federal Housing Administration (FHA) and is available through FHA-approved lenders. It is designed for owner-occupants, not investors or house-flippers, and is ideal for purchasing fixer-uppers or homes that need modernization
This type of loan is insured by the Federal Housing Administration (FHA) and is available through FHA-approved lenders. It is designed for owner-occupants, not investors or house-flippers, and is ideal for purchasing fixer-uppers or homes that need modernization
- Kitchen Remodeling
- Bathroom Remodeling
- Basement Remodeling
- Home Office Remodeling
- Game & Rec Room Remodeling
- Wine Room Remodeling
- Whole-house Remodeling
Grow From The Inside Out
HomeReady® is a flexible mortgage solution that reduces the barriers to homeownership. HomeReady can be your key to expanding opportunities for you.
The ideal HomeReady borrowers may be first-time or repeat homebuyers with:
Low income
Limited cash for a down payment
Supplemental boarder or rental income
HomeReady goes beyond affordability to deliver confidence and flexibility for both lenders and borrowers. It empowers more people to achieve homeownership with down payments as low as 3%, no minimum personal contribution required, and access to a wide range of funding sources — including gifts, grants, and Community Seconds®. Together, these innovations make HomeReady a reliable, scalable solution for expanding access to credit and growing your business.
