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Total interest: $765,267
Total interest: $765,267
FHA 203(k) Renovation Loan
Purchase and renovate 1-4 unit properties with a single loan
The FHA 203(k) loan allows first-time homebuyers and investors to finance both the purchase price and renovation costs with a single mortgage.
Perfect for fixer-uppers and distressed properties
Covers structural repairs, modernization, and cosmetic updates
Available for 1-4 unit properties (live in one, rent the others)
Only 3.5% down payment required
Bay Area high-cost area limit
Live in one, rent the other
Multi-family investment
Maximum FHA limit
Limits apply to Santa Clara, San Mateo, San Francisco, and Alameda Counties
Minimum Down Payment
Units Allowed
Max 4-Unit Loan