FHA 203(k) Rehabilitation Mortgage

U.S. Dept. of Housing and Urban Development

Available Home Repair

About This Program

FHA 203(k) Rehabilitation Mortgage is available to homeowners in Philadelphia, PA.

Mortgage program financing home purchase and renovation in a single loan. Limited 203(k) covers up to $75,000 in minor repairs; Standard 203(k) covers major renovations up to the FHA loan limit. Minimum 3.5% down payment required.

Limited 203(k) up to $75,000 rehab; Standard for larger projects

Verified against U.S. Dept. of Housing and Urban Development's official page on 2026-06-17.

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

In Philadelphia, PA, you can combine this program with other local help to cut your cost:

Key Details

  • Finance purchase + renovation in one mortgage
  • Limited 203(k): up to $75,000 in repairs
  • Standard 203(k): up to FHA loan limit
  • 3.5% minimum down payment
  • Available through FHA-approved lenders

How to Apply

Get free help applying Visit Official Program Page Track this program

A grant-savvy contractor in Philadelphia, PA 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 Philadelphia 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: Ongoing

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

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

FHA 203(k) Rehabilitation Mortgage is open to homeowners in Philadelphia, PA. It has no income limit.

How do I apply for FHA 203(k) Rehabilitation Mortgage in Philadelphia, PA?

Apply directly with U.S. Dept. of Housing and Urban Development using the official program link on this page. There is no middleman and no fee.

Need a Contractor for This Grant?

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