FHA 203(k) Standard Rehabilitation Loan

Federal Housing Administration (FHA), HUD

Available Home Repair

About This Program

FHA 203(k) Standard Rehabilitation Loan is available to homeowners in Charlotte, NC.

The FHA 203(k) Standard loan wraps purchase (or refinance) and major rehabilitation costs into a single mortgage. Borrowers can finance up to 110% of the home's after-improved value. Requires a minimum 3.5% down payment and a 580+ credit score. A HUD-approved 203(k) consultant is required for projects over $35,000 or involving structural changes.

Estimate represents typical rehab financing amount above the base purchase mortgage.

Official program page checked live on 2026-06-22.

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

This is a national program. In Charlotte, NC, you can stack it with local programs like these:

Key Details

  • Min credit score: 580; min down payment: 3.5%
  • Covers structural, roofing, HVAC, accessibility, and full gut rehabs
  • HUD-approved 203(k) consultant required for projects over $35,000
  • Mecklenburg County FHA loan limit ~$524,225 (2026)
  • Available for purchase or rate/term refinance of owner-occupied 1-4 unit homes

How to Apply

Get free help applying Visit Official Program Page Track this program

800-225-5342

A grant-savvy contractor in Charlotte, NC 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 Charlotte 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

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • A recent utility bill for the home (energy and weatherization programs use it to confirm service and usage).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
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, through FHA-approved lenders

Questions about this program?

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

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Frequently asked questions

How much can FHA 203(k) Standard Rehabilitation Loan provide in Charlotte, NC?

Up to 110% of after-improved value or FHA loan limit (~$524,225 in Mecklenburg).

Who qualifies for FHA 203(k) Standard Rehabilitation Loan in Charlotte?

FHA 203(k) Standard Rehabilitation Loan is open to homeowners in Charlotte, NC. It has no income limit.

How do I apply for FHA 203(k) Standard Rehabilitation Loan in Charlotte, NC?

Apply directly with Federal Housing Administration (FHA), 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.

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