Home Rehabilitation Mortgage Insurance

Federal Housing Administration (FHA) in Loan/Loan Repayment
December 19, 2018

Overview

Section 203(k) insurance enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of their existing home.

Administration

Home Rehabilitation Mortgage Insurance is administered by Federal Housing Administration (FHA).

Program Requirements:

All persons who can make the monthly mortgage payments are eligible to apply. Cooperative units are not eligible.

Application Details

To obtain an FHA insured mortgage, contact an FHA-approved lender:
http://www.hud.gov/ll/code/llslcrit.cfm

Contact:

1-800-225-5342

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