(866) 508-4326Apply Now

Flat Branch Home Loans203K Renovation Loan

What is a 203(K) Loan?

A financing option intended to help facilitate improvements, renovations and/or home repairs, ranging from $5,000 to $35,000.


What are considered applicable renovations?

Some examples of applicable rennovations include:

Improving functions and modernization, like installing a new refrigerator, cooktop, oven dishwasher, built-in microwave and washer or dryer

 Repairing, replacing or installing:

  • Plumbing, heating and cooling, electrical systems
  • Roofs, siding, gutters, downspouts
  • Fences, decks, patios, porches walkways driveways

Eliminating health and safety hazards

Creating accessibility for persons with disabilities


What else can be included?

Construction costs

Inspection fees

Title update fees

Contingency reserves

Permit costs

Origination fees


What are the requirements?

Fixed rate loan options only

620 minimum credit score

Loan amount cannot exceed nationwide mortgage limits


Eligible States

Arkansas, Iowa, Illinois, Kansas, Missouri, Nebraska, Oklahoma, Tennessee and Texas