HUD / FHA, via approved lenders
FHA 203(k) Rehabilitation Mortgage is available to homeowners in Miami, FL.
The FHA 203(k) program combines a home purchase or refinance loan with funds for renovation into a single FHA-insured mortgage. The Standard 203(k) covers structural repairs and extensive rehab over $35,000; the Limited (Streamline) version covers non-structural repairs under $35,000. Minimum down payment is 3.5% with a 620+ credit score. Available through any FHA-approved lender in Miami.
Total loan including renovation cannot exceed the FHA loan limit for Miami-Dade County. Not a grant, this is a mortgage product. Best for buyers purchasing a fixer-upper or homeowners refinancing to fund major repairs.
Verified against HUD / FHA, via approved lenders's official page on 2026-06-17.
Data last verified 2026-04-03. How we verify our data.
This is a national program. In Miami, FL, you can stack it with local programs like these:
A grant-savvy contractor in Miami, FL 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 Miami early keeps your application moving.
Get matched with a contractorEach program sets its own contractor rules. Check the official program page for exact requirements.
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
Documents you will likely need
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
Ask us. It is free, and a real person answers within a business day.
Email us about this programFull rehab cost included in mortgage (Miami FHA limit ~$621,000).
FHA 203(k) Rehabilitation Mortgage is open to homeowners in Miami, FL. It has no income limit.
Apply directly with HUD / FHA, via approved lenders using the official program link on this page or call 800-225-5342. There is no middleman and no fee.
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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