FHA 203(k) Rehabilitation Mortgage

Federal Housing Administration / HUD

Available Home Repair

About This Program

FHA 203(k) Rehabilitation Mortgage is available to homeowners in Baton Rouge, LA.

The FHA 203(k) loan allows homebuyers and existing homeowners to finance both purchase (or refinance) and renovation costs in a single mortgage. Borrowers can finance up to 110% of the home's after-improved value. The Standard 203(k) covers major renovations; the Limited 203(k) covers projects under $35,000 without structural changes.

Interest rates vary by lender. Typical renovation amount rolled into loan: $15,000-$100,000. Minimum 580 credit score with 3.5% down payment for FHA.

Verified against Federal Housing Administration / HUD's official page on 2026-06-17.

Data last verified 2026-04-03. How we verify our data.

This is a national program. In Baton Rouge, LA, you can stack it with local programs like these:

Key Details

  • Finance home purchase + renovation in a single FHA loan
  • Standard 203(k) for major rehabs; Limited 203(k) for projects under $35,000
  • Minimum 3.5% down payment with 580+ credit score
  • FHA loan limit for East Baton Rouge Parish: ~$524,225 (2025)
  • Available through FHA-approved lenders; call HUD at 800-225-5342

How to Apply

Get free help applying Visit Official Program Page Track this program

800-225-5342

A grant-savvy contractor in Baton Rouge, LA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Baton Rouge early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

An FHA mortgage that rolls the cost of repairs or renovation into the loan to buy or refinance a home. The rehab work must total at least 5,000 dollars. You apply through an FHA approved lender, not a government office.

Steps to apply

  1. Find an FHA approved lender that offers the 203(k) program.
  2. Apply with that lender and choose Standard 203(k) (larger projects) or Limited 203(k).
  3. The lender brings in a HUD approved 203(k) consultant who prepares a work write-up and cost estimate.
  4. The lender underwrites, closes, and funds the loan, and the repair funds are released as the work is done.
Get the official form

Documents you will likely need

  • Standard mortgage application documents (income, assets, credit).
  • Contractor bids and a work write-up for the planned repairs.
  • Information about the property you are buying or refinancing.
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Rolling

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can FHA 203(k) Rehabilitation Mortgage provide in Baton Rouge, LA?

Up to FHA loan limits for East Baton Rouge ($524,225 standard).

Who qualifies for FHA 203(k) Rehabilitation Mortgage in Baton Rouge?

FHA 203(k) Rehabilitation Mortgage is open to homeowners in Baton Rouge, LA.

How do I apply for FHA 203(k) Rehabilitation Mortgage in Baton Rouge, LA?

Apply directly with Federal Housing Administration / HUD using the official program link on this page or call 800-225-5342. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Get matched with a pro, free Browse Baton Rouge, LA contractors

Find More Programs in Baton Rouge, LA

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs