• What is a 203(k) mortgage?
  
• FHA's "Rehab A Home With FHA'S 203(k) Mortgage" brochure
  
• 203(k) Questions & Answers
  

POSSIBLE USES FOR THE 203(k) MORTGAGE

• As a BUYER, to purchase a home and remodel it to suit your needs. Acceptable improvements are remodeling or addition of a kitchen or bath, an addition to the original structure (room addition), installation of new siding, roofing, furnace, electrical panel, water heater, central air conditioning, windows, landscaping, or finishing an unfinished basement. One of the more creative uses I've seen is where a homeowner raised a ranch home and converted the crawl space into a full basement.
  
• As a HOME OWNER, to refinance your existing home for home improvements. All of the improvements that are available to new buyers can also be utilized by homeowners in a re-finance.
  
• As a SELLER, for home improvements prior to selling in order to maximize the selling price of the home.
  

NEED A LENDER TO HELP YOU OBTAIN A 203(k) MORTGAGE?

• Call me to help you locate an experienced and helpful 203(k) lender.
  

203(k)-RELATED FHA MORTGAGEE LETTERS

• 92-33: Modifications to the 203(k) Rehab Program Procedures
  
• 93-13: Single Family Energy Efficient Mortgage Pilot Program
  
• 94-11: Revisions to 203(k) Rehabiliation Mortgage Insurance Program
  
• 95-40: Revisions to SF 203(k) Rehab Mortgage Insurance Program
  
• 95-46: Expansion of the Energy Efficient Mortgage Program
  
• 96-18: Refinances, Property Inspections, and Other Issues
  
• 96-21: Using 203(k) Mortgage Insurance with Grant Programs
  
• 96-23: SF Seven-Unit Limitation on FHA Insured Mortgages
  
• 96-52: Non-profit Agencies as Mortgagors
  
• 96-59: SF Production - Moratorium on Investor Loans
  
• 97-05: SF Production - 203(k) Revised Escrow Commitment Procedure
  
• 00-1: Impact of New EPA Lead Hazard Regulations on 203(k) Rehabilitation Mortgage Insurance
  
• 00-25: 203(K) Rehabilitation Mortgage Program- Single Family Loan Production