Please ensure Javascript is enabled for purposes of website accessibility

FHA 203k Rehab

Loan Program

FHA 203k Rehab

FHA 203k

You’re taking on a lot with this project. At least save yourself some headaches by getting one mortgage to finance the purchase and all that repair work. We’ll lock you into a competitive interest rate over a 30-year term.
a. Use one loan to finance the purchase and home renovation
b. You have six months to remodel/repair your house
c. Standard FHA guidelines are used to determine eligibility

Requirements

Down Payment: 3.5% of the final loan amount
Terms 30 years, fixed
Credit Score: 640 minimum
Mortgage Insurance: Yes
Maximum Loan Limit: Yes, varies by county

PRMI NMLS 3094. PRMI IS AN EQUAL HOUSING LENDER. SOME PRODUCTS AND SERVICES MAY NOT BE AVAILABLE IN ALL STATES. CREDIT AND COLLATERAL ARE SUBJECT TO APPROVAL. TERMS AND CONDITIONS APPLY. PROGRAMS, RATES, TERMS AND CONDITIONS ARE SUBJECT TO CHANGE AND ARE SUBJECT TO BORROWER(S) QUALIFICATION. THIS IS NOT A COMMITMENT TO LEND. THE CONTENT IN THIS WEBSITE HAS NOT BEEN APPROVED, REVIEWED, SPONSORED OR ENDORSED BY ANY DEPARTMENT OR GOVERNMENT AGENCY. 1480 NO. 2200 WEST | SALT LAKE CITY, UT 84116