Our Products  >  FHA 203k & Conventional Renovation Loans

FHA 203k & Conventional Renovation Loans

FHA 203k & Conventional Renovation Loans

The "FHA 203k - Substantially Renovated Properties" loan is a government insured mortgage designed for the rehabilitation and repair of single family properties.

It provides Universal Lending Home Loans an opportunity to demonstrate a commitment to lend in certain communities and increases homeownership. It can revitalize the community by reducing the vacancy rate and repairing dilapidated homes.

  • 3 loans in 1 (acquire, rehab, permanent)
  • Rehab fund can be $5,000 to $30,000
  • Single Family and 2-4 units
  • Perfect for bank owned, short sales, Foreclosures or homes in need of rehab or upgrade. (i.e. carpet, paint, cabinets, bathrooms)
  • Usable on existing homes or for a new purchase
  • All qualified borrowers without the ability/desire to pay cash for improvements.
  • Properties that don’t fit the “dream home” picture but can be with renovations
  • Owner occupied required
  • Conventional Homestyle Renovation Loan

Apply Online and
Get Credit Approved