FHA 203K Loans —
Buy the Home. Finance the Renovation.
Up to $75,000 in repairs rolled into your mortgage. One loan. One closing. One payment. I just closed one myself in 53 days.
I Am Not Selling You Something I Haven't Done.
In June 2026 I closed a 203K Limited renovation loan on 705 Dawes Drive in Denham Springs, Louisiana. Commission income. 51% DTI. $222,500 purchase price. $12,500 in seller concessions. Full renovation scope — 4BR/3BA conversion, detached ADU, in-ground pool. 53 days from offer to keys.
I know what a 203K loan looks like from the inside — the contractor bids, the scope negotiations, the inspection process, the draw schedule. When I walk a borrower through a 203K I am speaking from experience, not a brochure.
Which 203K Is Right for You?
- ✓ Up to $75,000 in repairs
- ✓ Non-structural repairs only
- ✓ No HUD consultant required on standard deals
- ✓ Kitchens, baths, flooring, roofs, HVAC, windows
- ✓ What I used on my own home
- ✓ No cap on repair costs
- ✓ Structural repairs allowed
- ✓ Additions and room conversions
- ✓ HUD consultant required throughout
- ✓ Best for major gut renovations
The 203K Process — Step by Step
Frequently Asked Questions
What homes qualify for a 203K loan?
Do I need a special contractor?
How long does a 203K loan take to close?
Can I do the work myself?
Can I qualify with commission income or high DTI?
Serving Louisiana, Mississippi, Florida, Texas & 5 More States
Based in Baton Rouge, Louisiana — serving Denham Springs, Livingston, Gonzales, Walker, Zachary, New Orleans, Shreveport, Lafayette, and Lake Charles. Mississippi: Jackson, Gulfport, Biloxi, Hattiesburg, Mendenhall, Vicksburg. Florida: Tampa, Orlando, Jacksonville, Naples, Boynton Beach, and statewide. Texas: Houston, Dallas, San Antonio, Austin, and statewide.
