Find My FHA 203k Loan?

What is your renovation goal?

Purchase and Renovate Refinance and Renovate

When you upgrade your home, you upgrade your life.

Lower utility bills.

  • Solar panels, Heating & AC
  • Windows & doors
  • Roofs & insulation
  • Ducts & ventilation

Live comfortably.

  • Remodels & additions
  • Decks & patios
  • New floors
  • Bathroom & kitchen upgrades

Improve curb appeal.

  • New siding
  • Sidewalks and driveways
  • Blinds and shutters
  • Fencing

Keep more money.

  • Low as 3.5% down
  • 30 year fixed rate
  • New home
  • Existing home

How it works

first Share a few details
first FHA 203k
first Hi, I'm Troy, your loan officer, How can I help?
first Share a few details
first 5% down
first Hi, I'm Troy, your loan officer, How can I help?
1

Painless pre-qualification

Share a few details and we can email you an easy to follow estimate with rate, monthly payment and low down.

2

Choose your best option

Choose the low down payment option, say 5% or 10% down, that best fits your home purchase.

3

Start home shopping

Once application is pre-approved you can work with your realtor to find a home to purchase.

Find My 203kTM

Takes two minutes. Won't affect your credit score.

Frequently asked questions

Q: What is a FHA 203k renovation loan?
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The FHA (U.S. Federal Housing Authority) 203k renovation loan program provides funds for both the purchase and renovation or improvements of a home combined into one mortgage loan. Once the purchase of the home is closed, renovation funds are held in escrow to pay for pre-determined renovation or improvements done by approved contractors.
Down payment, credit qualification, loan limits and other requirements are the same as standard FHA loans.

Q: What is the largest FHA 203k loan amount?
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The FHA sets the maximum loan amount according to sales prices in a county. Check with our Renovation Specialist.

Q: What are the benefits of an FHA 203k loan?
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203k loans provide benefits that normal mortgage cannot. Borrowers combining renovation cost and home loan into on single transaction is the biggest benefit, but a 203k allow you to choose a home in your desired location and make improvements to your tastes.

Q: What are the types of FHA 203k loans?
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-The Standard 203k is intended for more complicated projects that involve structural changes, such as room additions, exterior grading and landscaping, or renovation that would prohibit you from occupying the residence. A Standard 203k is also used if your project requires engineering or architectural drawings and inspections. -The Streamlined 203k is designed for less extensive improvements and for projects that will not exceed a total of $35,000 in renovation and related expenses. This version does not require the use of a consultant, architect, and engineer or as many inspections.

Q: Do you have other types renovation loan options?
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Yes, we offer a Conventional renovation loan program too. This flexible loan allows borrowers to make upgrades including luxury home improvements, like a swimming pool.

Q: What is the process for a 203k Loan?
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Get pre-approved. Identify a home. Plan your renovations. Select licensed contractor. Complete loan paperwork. Fund your loan. Start your project.

Get started in minutes

Speed matters. Which is why you can start your estimate today. Without affecting your credit score.

Find My 203kTM

Won't affect your credit score.

Guild Mortgage Company is an Equal Housing Lender; Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. OR ML-176; Georgia Residential Mortgage Licensee; GA #6268; NV Banker #1076/NV Broker #1141; AZ BK #0018883; Licensed by the Mississippi Department of Banking and Consumer Finance. Illinois Residential Mortgage Licensee. Kansas Licensed Mortgage Company. Rhode Island Licensed Lender. Licensed by the New Hampshire Banking Department.

http://www.nmlsconsumeraccess.org/ Company NMLS ID 3274. All information, loan programs & interest rates are subject to change without notice. All loans subject to underwriter approval. Terms and conditions apply. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction. Guild Mortgage Company is an Equal Opportunity Employer. Guild Mortgage Company 5898 Copley Drive San Diego, CA 92111 | State of Missouri Principal Location: 11730 Fenpark Drive, Suite 1003, Fenton, MO 63026.